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Industry funds grows governance, risk teamsBY JAMIE WILLIAMSON | MONDAY, 20 AUG 2018 12:36PM
A $15 billion industry superannuation fund recently strengthened its governance, risk and project management capabilities, hiring eight new team members in the process.
Read more: Equip, Rio Tinto, Beth Ooi, Campbell Finlayson, Georgia Schofield, Nicholas Vamvakas, QMV Solutions, Andrew Tongue, Colonial First State, Debra Musonda, Equipsuper, HESTA, Marc Hollenstein, Natalie Alford, Netwealth, Sonam Chauhan, Tamara Frampton
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Victoria Funds Management Corporation has promoted a senior portfolio manager to head of equities, and hired from outside the company to fill the vacant role
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COVID-19 has seen more than half a million Australians lose their jobs and countless businesses shuttered but for SMSF trustee landlords offering rent relief to those facing financial hardship could mean they fail to meet the sole purpose test.
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Liberal MP Tim Wilson has written to APRA chair Wayne Byres urging the regulator to conduct an investigation into vertical integration at industry super funds and related conflicts of interest.
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A corporate superannuation fund has pushed back its date of a planned successor fund transfer to Sunsuper by a year and is prepping members for potential future delays from COVID-19.
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