Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 121 - 130 of 2144 results for "industry fund"

Equip makes key leadership appointments

CASSANDRA BALDINI  |  THURSDAY, 23 JUN 2022
Equip has confirmed Alexis Harrison as chief member officer and Maryanne Scroggie as its new head of strategy development. Harrison, who joined Equip in 2021 as head of experience, has been moved permanently into the executive team after serving as ...

TWUSUPER awards bond mandate

JAMIE WILLIAMSON  |  TUESDAY, 21 JUN 2022
The $6.3 billion industry fund has handed down a global bond mandate as it aligns its investments to the objectives of the Your Future, Your Super regime. TWUSUPER awarded the mandate to J.P. Morgan Asset Management for investment in its new JPMorgan ...

Advice requirements confusing, complex: JAWG

ANDREW MCKEAN  |  TUESDAY, 21 JUN 2022
The Joint Associations Working Group has told the Quality of Advice Review to reduce compliance burdens and to enable the delivery of affordable, accessible advice to more consumers. In a statement, the collective of professional associations called ...

Mutual sector overcomes pandemic headwinds

ANDREW MCKEAN  |  MONDAY, 20 JUN 2022
The top 100 co-operatives and mutuals have defied the economic impacts of the pandemic; the sector's revenues grew a record 10% to $34.4 billion during 2020/2021. The latest National Mutual Economy Report released by the Business Council of Co-operatives ...

Active Super, Vision Super mull merger

ANDREW MCKEAN  |  THURSDAY, 9 JUN 2022
... is likely to be in the best financial interests of members of both funds. In a statement from Active Super, the industry fund highlighted that it and Vision Super were both profit-to-member funds of a similar size and shared a common history; a history ...

Systemic disadvantages create retirement insecurity: HESTA

ANDREW MCKEAN  |  WEDNESDAY, 8 JUN 2022
... can help improve financial outcomes for investors, resulting in stronger returns for our members." Last month, the industry fund made a senate submission into the Australian application of the UNDRIP, outlining the risks and implications for investors ...

Cbus takes 10% stake in major wind project

CHLOE WALKER  |  THURSDAY, 2 JUN 2022
... Cbus has acquired a 10% interest in a local offshore wind project owned by Copenhagen Infrastructure Partners. The industry fund acquired the stake in Star of the South, Australia's largest offshore wind project majority owned by CIP via its flagship ...

HESTA opposes AGL demerger

JAMIE WILLIAMSON  |  WEDNESDAY, 25 MAY 2022
The industry fund will not back the proposed demerger, saying it will not adequately support decarbonisation efforts and therefore wouldn't serve its members' best interests. HESTA said it has engaged with AGL and decided to vote against the demerger. ...

LUCRF Super executive joins Cbus

JAMIE WILLIAMSON  |  WEDNESDAY, 25 MAY 2022
Following its planned merger with AustralianSuper next month, the deputy chief executive of LUCRF Super will join Cbus' leadership team. Antony Thow has been appointed group executive of brand, growth and product, effective July. His appointment follows ...

Rest bolsters operational risk oversight

ELIZABETH FRY  |  FRIDAY, 6 MAY 2022
... After almost 14 years at Deloitte, Jason Foo has joined Rest's investment team to help run operational risk. The industry fund confirmed that Foo was appointed senior manager, operational risk, and compliance, investment management. Foo was a director ...