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Report reveals superficiality of ESG pledgesBY ELIZABETH MCARTHUR | TUESDAY, 9 JUN 2020 12:16PM
A new report has revealed a number of superannuation funds, including AustralianSuper, voted down shareholder resolutions on climate change despite signing up to the Investor Group on Climate Change.
Read more: AustralianSuper, Report, Investor Group, BT, ESG, BHP, First State Super, Adobe Systems, Andrew Grey, Asset Ownership Stewardship Code, Australian Centre for Corporate Responsibility, Cbus, Financial Services Council, Investment Association of Australia, Local Government Super, Media Super, MTAA Super, Paris Agreement, Russell Investments, Santos, TJX Companies, TWU Super, UniSuper, Woodside
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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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