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Showing 111 - 120 of 135 results for "LGS"

Cbus CEO competes for UN PRI seat

MICHAEL HOBBS  |  THURSDAY, 21 MAY 2009
... nominees are contesting the position including fellow Australian, Ian Robertson, trustee at Local Government Superannuation (LGS). Results of the election are expected to be announced by early June. Atkin said Cbus is ramping up its PRI implementation ...

AIST chair set sights on UN PRI board

MICHAEL HOBBS  |  WEDNESDAY, 20 MAY 2009
... for a position on the United Nations Principles for Responsible Investment (UN PRI) board. Local Government Superannuation (LGS) trustee, Robertson was integral to implementing responsible investment policies into the fund. This push resulted in the ...

LGS trust deed to drive "fair value" payments

RUTH LIEW  |  TUESDAY, 19 MAY 2009
The $4.6 billion Local Government Super (LGS) has changed its trust deed - allowing the fund to temporarily suspend striking unit prices - to ensure that exiting members get a correct payout value despite volatile markets. LGS introduced the amended ...

Local Govt Super overhauls intl eq, Aus equities next

RUTH LIEW  |  TUESDAY, 12 MAY 2009
Local Government Super (LGS) has changed the manager line up of its $990 million international equities portfolio to suit a "core and satellite" approach, and it plans to do the same with its $1 billion Australian equities portfolio next. Peter Lambert ...

Better insurance for WA LGSP

RUTH LIEW  |  FRIDAY, 13 FEB 2009
The $1.3 billion WA Local Government Super Plan has upgraded its insurance offering by providing automatic default insurance for all uninsured members. According to a statement on the fund's website, WA LGSP is seeking to address its members' underinsurance ...

LGSS fixes pricing error

RUTH LIEW  |  TUESDAY, 20 JAN 2009
The Local Government Superannuation Scheme has addressed a unit pricing error that occured in the September quarter last year, according to a fund statement. LGSS issued a statement in December noting that there had been a tax error that occurred with ...

Quadrant gives away $1000 rollover prize

MICHAEL HOBBS  |  THURSDAY, 11 DEC 2008
Quadrant Superannuation is offering its members the chance to win $1000 if they roll over their super. In a newsletter emailed to members, the super fund gave its members the opportunity to win the cash until mid December. Members with more than one ...

First State Super joins UN PRI

MICHAEL HOBBS  |  FRIDAY, 10 OCT 2008
First State Superannuation Scheme, representing more than $15.4 billion in funds under management, signed the United Nations Principles for Responsible Investment (UN PRI). The super fund joins other New South Wales government affiliated fund, Local ...

LGSS affected by shorting ban

RUTH LIEW  |  FRIDAY, 26 SEP 2008
ASIC's crackdown on short selling has left a profound impact across the local investment industry, including upsetting the investment strategy of the $5.5 billion Local Government Superannuation Scheme. Around eight to 10 per cent of LGSS' investment ...

LGSS buys Batemans Bay shops

MICHAEL HOBBS  |  FRIDAY, 18 JUL 2008
The NSW Local Government Super Scheme (LGSS) purchased two Batemans Bay based shopping centres worth more than $90 million. Peter Lambert, LGSS chief executive, said the super fund bought the adjacent shopping centres from Stockland for less than the ...