Editor's Choice
Antares Equities veteran resigns ahead of Janus Henderson takeover
|Antares Equities' portfolio manager and head of fundamentals will conclude a long-serving tenure at the firm and will not transition to its soon-to-be parent company Janus Henderson.
Prime Value Opportunities Fund winds up
|Boutique fund manager Prime Value Asset Management has wound up its Opportunities Fund and its Significant Investor Visa (SIV) counterpart.
Rest director for product departs
|The general manager, product at Rest has left the super fund after nearly four years.
Pacific AM to land SMA solutions Down Under, appoints investment chief
|Pacific Portfolio Solutions, the related body corporate of Pacific Asset Management, will bring the latter's SMA solutions to Australia from the UK, welcoming an industry stalwart to chart the course.
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Rachel Alembakis
STEWARDSHIP MANAGER
UNITING ETHICAL INVESTORS LIMITED
UNITING ETHICAL INVESTORS LIMITED
As a highly respected journalist, Rachel Alembakis helped push sustainable investing on the agenda long before it was mainstream. Now, she's stepped into the arena to shape the industry from within. Karren Vergara writes.
The Financial Standard podcast Tune in each week as we discuss the latest developments in Australia's wealth management industry. |  |
Picking up on these comments perhaps industry fund members should be banned from dealing with ME bank due to cross share holdings and other conflicts.
This is an interesting concept. Would the Industry Funds also be willing to accept that they could not be a defualt fund for any industries where their union delegates are board or policy committee members or paid some portion of their income by the respective industry fund?
It would be interesting to know if all employees of every industry super fund in Australia are offered the very fund they work for as the default fund. It would also be interesting to know the percentage of employees of every industry fund in Australia who are members of the super fund they work for and secondly the percentage of employees who have elected not to be a member of the fund they work for and have decided to elect a fund of choice.
You would imagine this data would be readily available to David Whiteley as Chief Executive of ISA and it would be enlightening for this to made available to all.