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Showing 31 - 40 of 259 results for "Retirement System"

Super Guarantee increases now ironclad

ANDREW MCKEAN  |  MONDAY, 16 MAY 2022
... that lifting the SG to 12% is critical. The association said that the SG is a cornerstone of the Australian retirement system and has the power to lift living standards while having a positive impact on the economy. An ISA statement said that Australians ...

Pension fund pushes for independent chair at Berkshire Hathaway

JAMIE WILLIAMSON  |  FRIDAY, 22 APR 2022
... meeting later this month. Despite his notoriety as the world's best investor, the California Public Employees Retirement System has flagged it will vote to oust Buffett as chair of Berkshire Hathaway, citing its preference for an independent chair. ...

CalPERS names new chief investment officer

JAMIE WILLIAMSON  |  WEDNESDAY, 23 FEB 2022
After almost 18 months of searching, California Public Employees' Pension Retirement System has appointed its new chief investment officer. Following an extensive search, Nicole Musicco has been named in the role, leading the US$500 billion pension ...

CalPERS, CalSTRS face fossil fuels ban

JAMIE WILLIAMSON  |  MONDAY, 21 FEB 2022
... last week by Senator Lena A. Gonzalez. If passed, the legislation will force the California Public Employees' Retirement System and the California State Teachers' Retirement System to divest an estimated combined US$10 billion invested in companies on ...

APRA hones in on post-retirement products

KARREN VERGARA  |  TUESDAY, 23 NOV 2021
... life. And it's not great for the Australian community, because it means that our otherwise high-quality retirement system is not delivering to its full potential," Rowell said. APRA, she said, will therefore increase its focus on trustees providing ...

Global pension fund backs Aussie renewables

JAMIE WILLIAMSON  |  MONDAY, 18 OCT 2021
... acquired 49% of a local renewable energy platform. OMERS Infrastructure, part of the Ontario Municipal Employees Retirement System, has purchased a 49% interest in FRV Australia from Fotowatio Renewable Ventures (FRV). The transaction follows a fundraise ...

MLC bolsters private equity team

ANNABELLE DICKSON  |  TUESDAY, 7 SEP 2021
... New York-based private equity team. Laura Hotaling joined as portfolio manager from New York State Teachers' Retirement System (NYSTRS) where she was chief risk officer. She previously spent eight years as a portfolio manager responsible for NYSTRS' ...

Acquisition to create APAC real assets heavyweight

JAMIE WILLIAMSON  |  FRIDAY, 6 AUG 2021
... Pacific with close to $130 billion in assets. ESR's major shareholders include the Ontario Municipal Employees Retirement System (OMERS) and Chinese e-commerce giant JD.com. They have voted in favour of the acquisition. Together, the two entities would ...

CalPERS adds chief equity officer

JAMIE WILLIAMSON  |  THURSDAY, 24 JUN 2021
The California Public Employees' Retirement System is boosting its ESG capabilities with the appointment of its first chief diversity, equity and inclusion officer. Marlene Timberlake D'Adamo has been appointed to the role effective immediately. ...

Maine forces pension funds to dump fossil fuels

JAMIE WILLIAMSON  |  WEDNESDAY, 16 JUN 2021
... 18 in favour while 15 voted against the bill and two were excused. Under the law, the Maine Public Employees Retirement System "may not invest the assets of any state pension or annuity fund in any stocks or other securities of any corporation or company ...