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Showing 21 - 30 of 198 results for "Military"

Public super fund rejigs offering

KANIKA SOOD  |  WEDNESDAY, 17 JUN 2020
... established on 1 July 2016 and applied to those joining the ADF from 1 July 2016, and serving and returning members of the Military Superannuation and Benefits Scheme who chose to join the new scheme. The measures to allow discharged ADF Super members ...

Few funds immune to ERS

ELIZABETH MCARTHUR  |  THURSDAY, 14 MAY 2020
... significant number of healthcare and aged care workers - saw more than $230 million requested in the week to May 3. Meanwhile, Military Super also saw $30 million in redemptions and Energy Super has so far paid out at least $12.6 million.

Industry funds face reality of COVID-19 shutdown

ELIZABETH MCARTHUR  |  WEDNESDAY, 25 MAR 2020
... Plus' membership is 42% millennial. However, only 14% of its funds under management are held by millennial members. Military Super (91%) and Guild Super (68%) have the highest proportion of millennial members, and while Military Super members are ...

CalPERS investment lead targeted by Congressman

HARRISON WORLEY  |  FRIDAY, 14 FEB 2020
... had tipped retirement savings into. "Many of these companies are companies that we've blacklisted, that make Chinese military equipment or are responsible for technologies like Hikvision, which is the equipment that's used by the Chinese for surveillance ...

Former Wells Fargo chief banned for life

ALLY SELBY  |  FRIDAY, 24 JAN 2020
... well as forcing borrowers to buy auto insurance they didn't need and illegally repossessing the vehicles of hundreds of military service members. The bank refunded customers US$6.1 million for the unauthorised accounts, as well as nearly a million dollars ...

Commonwealth Super mulls platform changes

KANIKA SOOD  |  MONDAY, 13 JAN 2020
... purview that have active contributors: Commonwealth Superannuation Scheme (CSS), Public Sector Superannuation Scheme, Military Superannuation and Benefits Scheme, and the Defence Force Retirement and Death Benefits (DFRDB). It is also responsible for ...

2020: Year of the fragile economy

ALLY SELBY  |  THURSDAY, 9 JAN 2020
... set at December 20. Markets have been shaken by the recent hostilities, including a revenge-style attack by Iran on US military bases in Iraq. Thankfully, markets rebounded overnight after Trump stated that Iran was "standing down", indicating there ...

Chief economist update: The rise and fall of oil

BENJAMIN ONG  |  THURSDAY, 9 JAN 2020
... after an American drone strike in Iraq on January 3 that killed Qassem Soleimani -- the head of Iran's elite Quds military force. The price of Brent oil went up by 3.6% to US$68.60/barrel on the day; WTI oil prices increased by 3.1% to US$63.05 ...

Gold lifts as US, Iran tensions escalate

ALLY SELBY  |  TUESDAY, 7 JAN 2020
... Iranian cultural sites if Tehran carried out revenge attacks on the US, stoking fears of a new war in the Middle East. Military attacks on cultural sites are considered war crimes under international law. It comes after a targeted US drone strike killed ...

Rising tensions to weigh on markets: Moody's

ELIZA BAVIN  |  MONDAY, 6 JAN 2020
... does not anticipate an impending war. "As a base case, we continue to assume that the US and Iran will avoid an outright military conflict," the report said. "However, the risks have markedly increased in the past few days. The credit implications of ...