Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 101 - 110 of 760 results for "HESTA"

Almost half of HESTA members retire involuntarily

ELIZA BAVIN  |  MONDAY, 10 FEB 2025
Almost half (47%) of HESTA members retire involuntarily, according to new research commissioned by the super fund. The research - prepared by Evolved Thinking - surveyed more than 1800 pre-retirement health, aged care and community services (HACS) workers ...

Super fund promotional expenses balloon: APRA

KARREN VERGARA  |  FRIDAY, 31 JAN 2025
... million). Hostplus leaves other sponsorship budgets in the dust as Cbus, which spent $5 million, made the second-largest outlay. HESTA followed with $2 million and Australian Retirement Trust (ART) with $1.7 million. The newly released APRA data also ...

Super admin providers face reckoning in 2025: Finura

KARREN VERGARA  |  MONDAY, 20 JAN 2025
... advisers and more superannuation funds offering digital advice - both of which eventuated. While the likes of Hostplus, HESTA, UniSuper, CFS, and AMP launching digital advice initiatives in 2024, this remains a "slow burn" and the impact is somewhat ...

Legalsuper hunts for CIO

ELIZABETH FRY  |  THURSDAY, 16 JAN 2025
... of Jennifer Abraham as executive manager of strategy and office of the CEO. She replaces Alissa Knight who left to join HESTA as the general manager of strategic planning. Reporting to Symons, Abraham will run the fund's strategic planning and execution ...

Subscription EVs attract HESTA, IFM interest

JAMIE WILLIAMSON  |  WEDNESDAY, 15 JAN 2025
IFM Investors and HESTA, by way of its mandate with the former, will take a 49% stake in Splend Group, a provider of subscription electric vehicles. IFM Investors has made the investment via its Growth Partners Fund 2, with HESTA and others also investing ...

HESTA names general manager of retirement

MATTHEW WAI  |  FRIDAY, 6 DEC 2024
HESTA has named a general manager of retirement as 14% of its members get ready to retire in the next five years. Shannon O'Shea has been appointed to the role. She was previously general manager, new business and growth enablement, a position she ...

Prime Super refreshes executive lineup

ELIZABETH FRY  |  FRIDAY, 29 NOV 2024
... servicing and market-facing teams under one umbrella to serve members more efficiently. Former AMP head of retail sales and HESTA head of growth Tim Mitchell-Adams will lead this function as general manager of member growth and propositions. Mitchell-Adams ...

Super funds 'playing to their strengths' in private markets

ELIZA BAVIN  |  WEDNESDAY, 27 NOV 2024
... around out-of-cycle valuation triggers are receiving increased attention." A recent example of this came just this month when HESTA agreed to make payments to two cohorts of members impacted by valuation decisions make by the fund in March 2020. HESTA ...

HESTA to pay members impacted by COVID revaluations

ELIZA BAVIN  |  TUESDAY, 19 NOV 2024
HESTA has agreed to make payments to two cohorts of members impacted by valuation decisions made by the fund in March 2020. APRA said in March 2020, HESTA made downwards adjustments to five single sector Choice options invested in unlisted assets but ...

HESTA red flags MinRes for governance failures

ANDREW MCKEAN  |  FRIDAY, 8 NOV 2024
HESTA chief executive Debby Blakey has said the super fund has been engaging directly with MinRes regarding its recent governance failures and "remains disappointed" with the company's responses. "Our concerns include that the managing director's ...