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Showing 1 - 10 of 784 results for super kanika sood

AustralianSuper says no incidents of common ownership

KANIKA SOOD  |  WEDNESDAY, 15 SEP 2021
The industry fund says it analysed its $53 billion Australian equities portfolio and found no instances of common ownership. Common ownership of listed companies is currently the subject of a parliamentary inquiry led by MP Tim Wilson, who has said ...

Verve Super taps investors for $2.6m raise

KANIKA SOOD  |  TUESDAY, 14 SEP 2021
... ethos of founded by women, led by women, and tailored for women," Schwartz said. "Christina [Hobbs, chief executive of Verve Super] and her team have developed a highly commercial business that is tackling the economic inequity so many women face - both ...

Vanguard Australia appoints new managing director

KANIKA SOOD  |  FRIDAY, 10 SEP 2021
... significantly and with a stronger focus on working directly with investors and the advisers that serve them. The launch of Vanguard super next year will be an exciting step forward on that journey to help Australian investors achieve their financial ...

EISS Super chief executive exits

KANIKA SOOD  |  FRIDAY, 10 SEP 2021
EISS Super chief executive Alex Hutchison has resigned, after the fund failed the performance test and during its planned merger with TWUSUPER. Hutchison resigned yesterday and requested it be effective immediately. EISS Super chief financial officer ...

Colonial First State faces penalties for MySuper conduct

KANIKA SOOD  |  WEDNESDAY, 8 SEP 2021
The Federal Court has found Colonial First State misled members of its FirstChoice Fund on at least 12,978 occasions over nearly two years in relation to switching to its MySuper product. The court found CFS's communication (via letters and calls) ...

Pain ahead for super trustees on unlisted valuations

KANIKA SOOD  |  MONDAY, 6 SEP 2021
... superannuation funds revalued their unlisted assets during lockdowns. Now APRA says most of their policies were deficient. Super funds took different approaches to the revaluations. For example, at Cbus the board devalued unlisted assets between 8-15%. ...

NGS Super hikes fees

KANIKA SOOD  |  FRIDAY, 3 SEP 2021
Two days after shelving a planned merger, NGS Super informed members of plans to increase fees on some investment options from October. A spokesperson for the fund said the fee increases "has no connection" to its scrapped merger with Australian Catholic ...

AustralianSuper to shutter property option

KANIKA SOOD  |  FRIDAY, 3 SEP 2021
Nearly three years after AustralianSuper added the ability to freeze redemptions in its property option for up to two years, the fund has decided to shut the option altogether. The $225 billion industry fund will close the property option on September ...

ASIC to watch member shunting to untested super products

KANIKA SOOD  |  THURSDAY, 2 SEP 2021
ASIC says it will be watching that super funds don't force members of failing MySuper or Choice options to their other products that don't face a performance test. The first round of the Your Future, Your Super performance only test applied to 80 MySuper ...

Funds will have to guide members on SRM, LTRM

KANIKA SOOD  |  THURSDAY, 2 SEP 2021
... (SRM) and long-term risk measure (LTRM) labels? That's a question put to Chant West general manager Ian Fryer and Aware Super manager for actuarial practice Estelle Liu, at a panel moderated by AIST senior manager of policy David Haynes. Superannuation ...
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