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HESTA awards mandateBY ELIZABETH MCARTHUR | TUESDAY, 8 JUN 2021 11:54AM
One of Australia's largest super funds, $60 billion industry fund HESTA, has selected a software-as-a-service platform to manage its finance operations.
Read more: HESTA, TechnologyOne, Ed Chung, Megan Bolton
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After four months of due diligence, the two super funds have confirmed they will merge before the end of the year.
The $179 billion sovereign wealth fund has promoted internally to appoint a deputy chief investment officer for portfolio strategy.
The alarming rate that financial advice is increasingly becoming unaffordable for everyday Australians further cements the position of the rich and powerful, an inquiry heard this morning.
The Sydney multi-boutique has appointed a Queensland-based distribution director, hiring from GSFM.
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