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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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Aware Super is implementing a new suite of technology products that will allow it to in-source member experience, including administration, so far done by Mercer.
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Russell Investments has launched a new personalised super product, replacing its MySuper offering as it eyes mandates from other funds.
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An investment advisory boutique which soft launched in September, headed by former PwC chief executive Luke Sayers, has bolstered its leadership team.
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Design and distributions obligation (DDO) reforms may have been pushed back to October next year as a result of COVID-19 but ASIC said it is top of the priority list for 2021.
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