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Showing 1 - 10 of 1935 results for "industry super"

MetLife chair Geoff Brunsdon retires after 13 years

ELIZA BAVIN  |  TUESDAY, 12 MAR 2024
MetLife Australia has a new chair, while the former chief executive of an industry super fund is also joining the board. MetLife Australia announced the retirement of MetLife Insurance Limited chair Geoff Brunsdon, after serving on the board for 13 ...

Rest appoints general manager, product

JAMIE WILLIAMSON  |  WEDNESDAY, 6 MAR 2024
The industry superannuation fund is kicking off a product simplification strategy, promoting a lead from within. Scott Tully has been named general manager, product at Rest, having already acted in the role for five months. Prior, he was head of investment ...

Super funds convene with assistant treasurer

ANDREW MCKEAN  |  MONDAY, 26 FEB 2024
... Council (SMC) met with assistant treasurer Stephen Jones to explore strategies for bolstering customer service. Industry super funds, in collaboration with the SMC, initiated a roundtable discussion last week with Jones, focusing on how the government ...

Highest paid industry super executives revealed

ANDREW MCKEAN  |  FRIDAY, 9 FEB 2024
Australia's highest paid industry super executives have been revealed in an analysis obtained by Financial Standard. AustralianSuper chief investment officer Mark Delaney was the top earner, receiving over $2 million in total compensation, according ...

Bragg outraged over super fund payments to unions

ANDREW MCKEAN  |  WEDNESDAY, 31 JAN 2024
Senator Andrew Bragg has slammed industry super funds, accusing them of channelling $40 million to unions and Industry Super Australia (ISA). Scrutinising mandatory disclosures, Bragg pointed out that AustralianSuper, Cbus, HESTA, Hostplus, TWUSUPER ...

ME Bank fined $820k for misleading borrowers

CHLOE WALKER  |  MONDAY, 22 JAN 2024
... convictions," Mullaly said. Impacted customers have been remediated. ME Bank, which had been owned by a group of industry super funds since 1994, became a subsidiary of Bank of Queensland (BOQ) in 2021.

Bragg proposes super fund reforms to protect retail investors

ANDREW MCKEAN  |  WEDNESDAY, 10 JAN 2024
... Information last year, super funds owned 38% of the market capitalisation of Australian equities as of June 202 2. Industry super funds had invested 18% of their members' assets in Australian stocks, while retail funds had allocated 28%, representing ...

Industry funds gear up for brand transformation post-merger

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

Payday super timing, deliberate: Chalmers

CASSANDRA BALDINI  |  TUESDAY, 5 DEC 2023
... between 2020 and 2021. In response, the government will require super be paid on payday, effective 1 July 2026. Industry Super Australia (ISA) has predicted that the amendment will benefit millions of Australians' retirement incomes and that the ...

Payday super protects most vulnerable: SMC

CHLOE WALKER  |  MONDAY, 4 DEC 2023
... super giving more Australians a dignified retirement." Launched in October, the SMC was formed after the merger of Industry Super Australia (ISA) and the Australian Institute of Superannuation Trustees (AIST). SMC comprises eight foundation funds, being ...
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