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Showing 1091 - 1100 of 13906 results for "State"

Equity Trustees hit with fine by APRA

ELIZA BAVIN  |  WEDNESDAY, 5 JUN 2024
The Australian Prudential Regulation Authority (APRA) has fined Equity Trustees Superannuation $782,500 for failing to meet its legal obligations to report data to APRA. EQT breached the requirements of the Financial Sector (Collection of Data) Act ...

Super funds slash external mandates by 54%

KARREN VERGARA  |  FRIDAY, 31 MAY 2024
... billion, while SSGA manages its global equity assets of $15.5 billon. In the 2023 calendar year, Cbus (29), HESTA (21), State Super NSW (18), Brighter Super (14), and CareSuper (11) awarded the most mandates. Cbus awarded 18 alternatives mandates during ...

Brighter Super seeks fund managers for $500m mandate

KARREN VERGARA  |  FRIDAY, 31 MAY 2024
... fund managers to deliver its "Queensland Investment Strategy" that already has $1 billion of members' funds invested in the state. "The investments will be rigorously assessed and must be in the best financial interests of members, deliver strong returns ...

Super fund engagement peaks among members with $250k+ balances: Report

ANDREW MCKEAN  |  THURSDAY, 30 MAY 2024
An Investment Trends report has identified a clear inflection point for member engagement with superannuation funds. The 2024 Super Member Engagement report, based on a survey of 10,886 respondents, provided an analysis of member attitudes, satisfaction ...

VFMC hires client portfolio design head

KARREN VERGARA  |  WEDNESDAY, 29 MAY 2024
... also promoted Stephen Baker to head of infrastructure to replace Adrian Best. VFMC is the investment specialist for the state of Victoria and 31 public authorities and related organisations. It managed $86 billion assets under management at the end of ...

Retail funds drive down admin fees: KPMG

KARREN VERGARA  |  TUESDAY, 28 MAY 2024
... report shows. As an example, Mercer reduced its admin fee from 0.48% to 0.21% following the BT merger, while Colonial First State (CFS) lowered its admin fee to 0.16%. This compares to the most competitive industry funds Australian Retirement Trust's ...

Insignia research, retirement income head to depart

JAMIE WILLIAMSON  |  FRIDAY, 24 MAY 2024
... previously led investments for Energy Industries Super for a time. He's also held analyst roles, including at Colonial First State.

Former licensee chief takes new role

JAMIE WILLIAMSON  |  FRIDAY, 24 MAY 2024
... national manager for almost three. She has also previously served as head of advice business services at Colonial First State and led strategy for Commonwealth Financial Planning for two years. She also held senior roles at ANZ in advice and lending. ...

Platform reveals advice firms' top issues

KARREN VERGARA  |  FRIDAY, 24 MAY 2024
... in this space." Advisers frequently talked about brands relevant to their client base. North, Macquarie, Colonial First State, BT and Microsoft are the most popular among them. Compared to the period between January and June 2023, advice technology ...

HMC Capital scoops up Payton Capital

ANDREW MCKEAN  |  FRIDAY, 24 MAY 2024
HMC Capital has acquired commercial real estate fund manager Payton Capital, kickstarting the first step in its plan to create a $5 billion private credit platform. HMC agreed to purchase Payton for $127.5 million; six times its estimated earnings for ...