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Showing 1121 - 1130 of 3180 results for "ACTU"

State Super appoints CIO

KARREN VERGARA  |  THURSDAY, 24 JAN 2019
State Super appointed Gary Gabriel as its new chief investment officer, and promoted Charles Wu to deputy chief investment officer and general manager of defined contribution. Gabriel replaced Richard Hedley, who exited after more than two years in ...

Profit downgrade hurts Challenger

KARREN VERGARA  |  THURSDAY, 24 JAN 2019
Challenger shares dropped by 17% overnight after recently appointed chief executive Richard Howes flagged a profit downgrade. Challenger's share price plunged from $9.23 to about $7.65 on the back of lower-than-expected December 2018 half-year results. ...

Royal Commissions puts pressure on finance sector job market: Sunsuper

HARRISON WORLEY  |  TUESDAY, 22 JAN 2019
Latest research from Sunsuper shows that despite the permanent job market actually rising over the last 12 months, the finance sector still took a significant hit in job demand. With the Royal Commission placing unprecedented scrutiny on the industry ...

SMSF returns not accurate in Productivity Commission report

KANIKA SOOD  |  MONDAY, 21 JAN 2019
The Productivity Commission's final report quoted SMSF costs at "close to double" of the actual cost of running SMSFs $500,000 or less in net assets, Class said. In July last year, Class made a submission to the PC saying APRA and ATO used different ...

Productivity Commission report puts banks first: ACTU

HARRISON WORLEY  |  FRIDAY, 11 JAN 2019
... Unions said removing superannuation from industrial relations is "completely unacceptable" In a media release on Thursday the ACTU called out the final report's recommendation to install a best-in-show list of superannuation funds, which would work to ...

AFSL super options under the lens

KANIKA SOOD  |  THURSDAY, 10 JAN 2019
The final report recommends ASIC should have greater oversight of the superannuation products sitting on the approved product lists of AFSLs. The Productivity Commission calls for all Australian Financial Services Licensees (AFSL) to "immediately" be ...

TAL and Zurich lead inflows, CommInsure lags: Strategic Insights

KARREN VERGARA  |  WEDNESDAY, 9 JAN 2019
Latest figures from research group Strategic Insights show mixed results for the country's largest insurers. Overall, the life insurance sector grew steadily by 1.7% year-on-year and reached $16.5 billion. However, it was a mixed result for the ...

Member outreach boosts post-merger integration

KARREN VERGARA  |  TUESDAY, 1 JAN 2019
Equip Super's efforts to integrate its new members after a merger have paid off, rewarding the $15.2 billion super fund with a significant boost in member confidence. Equip recorded a 10% lift in confidence from Rio Tinto Staff Superannuation Fund ...

Where UniSuper sees market opportunities

KANIKA SOOD  |  MONDAY, 31 DEC 2018
UniSuper chief investment officer John Pearce spoke to Financial Standard earlier this month about market opportunities, building the fund's in-house investment team and CIPRs. Pearce said the fund doesn't particularly see a need to pull back ...

State Super CIO exits

KARREN VERGARA  |  FRIDAY, 21 DEC 2018
Richard Hedley exits after more than two years in the role. He was responsible for the design and oversight of all State Super's investment strategies, including advising on investment objectives, policies and strategic asset allocation. Hedley was ...