Super fund adds industry veteranBY JAMIE WILLIAMSON | WEDNESDAY, 6 NOV 2019 12:48PM
An $8 billion government superannuation fund has welcomed the former country head of Franklin Templeton to its board of directors.Read more: APSS, Australian Centre for Financial Studies, Australia Post Superannuation Scheme, Breast Cancer Foundation, CFA Institute, CFA Society, ESS Super, Franklin Templeton Australia, Funds Management Corporation, Jim Marshall, Maria Wilton, National Diversity Council, Queensland State Investment Advisory Board, Rothschild Australia Asset Management, Westpac, WorkSafe Victoria
An activist short seller that accused an ASX-listed agricultural fund of running "scams" was dealt a blow in a Supreme Court judgment handed down yesterday.
The $55 billion industry fund is hiking the cost of its standard insurance cover for most of its members, with those aged 55 to 64 years to be the worst hit.
A former Macquarie Group financial adviser has been permanently banned from the industry, following an ASIC investigation into the adviser's "dishonest" and "misleading" behaviour.
It's the end of the road for a BT multi-asset fund managed by Pendal after 52 years, as investor demand ebbs out.
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