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Super funds keep eye on Rio Tinto reviewBY HARRISON WORLEY | FRIDAY, 19 JUN 2020 12:37PM
Some of Australia's largest superannuation funds are watching Rio Tinto's board-led review of its iron ore division's heritage management processes with keen interest, following the miner's decision to destroy thousands of years of culturally significant Indigenous sites in the Pilbara.
Read more: Rio Tinto, First State Super, Pinikura, Puutu Kunti Kurrama, UniSuper, Juukan Gorge, AustralianSuper, Jean-Sebastien Jacques, Mark Delaney, Michael L'Estrange
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Maritime Super reappointed MLC Life Insurance as its group insurer, effective July 1.
Iress has reported a 29% increase to its underlying net profit after tax (NPAT), coming in at $31.8 million, as it looks to strengthen its position with superannuation funds.
Transurban has named Craig Drummond as its chair, replacing Lindsay Maxsted who will retire this year.
Norges Bank Investment Management announced the Government Pension Fund Global lost 1.68 trillion Norwegian krone, which is the equivalent of almost $250 billion AUD in the first half of this year, largely driven by equity returns, primarily technology stocks.
Vanguard, the ETF giant, has presented an odd submission to the Quality of Advice Review.
With the RBA tightening cycle firmly underway, the impact for Australian households is only starting to be felt.
There's no doubt the superannuation system, which turned 30 this year, has been a game changer.
We've all probably been there. The days when we used to ask beginner, dumb, naïve questions about why things are done a certain way, starry-eyed questions ...
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Driven by a relentless commitment to helping others, it's of little wonder Rose Kerlin has excelled at leading profit to member and purpose-led organisations. Andrew McKean writes.