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NZ Super eyes glass to smash returnsBY DARREN SNYDER | FRIDAY, 14 AUG 2015 11:45AM
The New Zealand Superannuation Fund will have a place on the board of a US-based tinted glass manufacturer after purchasing a stake in the business for US$75 million.Read more: View, NZ Super Fund, Superannuation, New Zealand Superannuation Fund, Matt Whineray, August 2015, Bloom Energy, LanzaTech, Nigel Gormly, North America, NZ Super eyes glass, Ogin Inc., Rao Mulpuri
Australian super funds growing their in-house asset management teams is having a positive impact on gender equality in investment management, with more women wanting to work with profit-to-member funds than other funds management firms.
AvSuper today advised it has invited a select number of super funds to discuss a potential merger, having determined it would be in the best interests of members to do so.
Fresh proposals from the Australian Law Reform Commission aim to simplify several complex areas of financial advice legislation.
The last sitting day for parliament this year has come and gone without progressing legislation designed to make sure those earning less than $450 a month are paid super.
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