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Showing 1 - 10 of 20 results for "Profit to member"

Industry funds gear up for brand transformation post-merger

ANDREW MCKEAN  |  TUESDAY, 19 DEC 2023
... December 2022, saying "the two funds share a strong heritage of "member first values" as historically important profit to member industry super funds."

Morningstar eyes super space with new hire

ANDREW MCKEAN  |  TUESDAY, 24 OCT 2023
... "Mark will be crucial in building our success in the sector with a new perspective on helping both retail and profit to member super funds succeed in a fast-moving investing and regulatory environment." Notably, Hoven's hire comes after the recent hire ...

Equip Super welcomes new chair

CHLOE WALKER  |  TUESDAY, 17 OCT 2023
... of the board," Equip Super deputy chair Justine Hickey said. "I know his extensive experience and passion for profit to member organisations will steer Equip Super through the next chapter of the fund's growth trajectory." Cameron will replace Danny ...

Mine Super, TWUSUPER commit to merger

JAMIE WILLIAMSON  |  FRIDAY, 29 SEP 2023
... December 2022, saying "the two funds share a strong heritage of "member first values" as historically important profit to member industry super funds. The Memorandum of Understanding followed TWUSUPER's failed attempt at merging with Australian Catholic ...

IFM Investors buys biogas developer

RACHEL ALEMBAKIS  |  FRIDAY, 3 FEB 2023
IFM Investors acquired a majority stake in a US-based biogas company, but global head of infrastructure Kyle Mangini says it's not about driving an ESG outcome. The purchase of GreenGasUSA is part of IFM Investor's IFM Net Zero Infrastructure ...

Super heatmap findings garner mixed responses

ANDREW MCKEAN  |  FRIDAY, 16 DEC 2022
Industry groups, consultants and research houses have reacted to findings about Australia's best and worst performing super funds. APRA heatmaps for MySuper products were released yesterday, exposing many sub-par products, but some in the industry ...

Mine Super and TWUSUPER explore merger

ANDREW MCKEAN  |  FRIDAY, 16 DEC 2022
... chair Nick Sherry said the two funds share a strong heritage of "member first values" as historically important profit to member industry super funds. "Mine Super and TWUSUPER share the vision of creating a sustainable fund which protects and promotes ...

The ongoing evolution of super: Scheerlinck

JAMIE WILLIAMSON  |  TUESDAY, 14 JUN 2022
... savings in the world while having the 14 th largest economy," she said. "Through it all [the last three decades], profit to member funds have seen strong performance and long-term returns have proved profitable." She added that some of the biggest themes ...

AIST proposes crisis preparedness standards to APRA

ANDREW MCKEAN  |  WEDNESDAY, 11 MAY 2022
... major financial detriment demonstrates that the model is sound." Nonetheless, there were some stark risks to profit to member trustees. The lack of capital within trustee companies prior to the legislative necessitation of trustee capital reserves being ...

Hostplus hits members with new fee

ELIZABETH MCARTHUR  |  THURSDAY, 10 FEB 2022
... the trustee does not have sufficient capital to pay the penalty." Hostplus is just the latest in a series of profit to member funds which have gone to the Supreme Court for approval to create "rainy day funds" in case of fines. The changes to the SIS ...
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