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Showing 111 - 120 of 2967 results for "Mandate"

Federal Reserve raises interest rates to a 22-year high

CASSANDRA BALDINI  |  THURSDAY, 27 JUL 2023
... continue its fight against inflation. Fed chair Jerome Powell said the committee remains "squarely focused" on its dual mandate to promote maximum employment and stable prices for the American people. "We understand the hardship that high inflation is ...

Aware Super, Challenger partner for DB solution

JAMIE WILLIAMSON  |  WEDNESDAY, 26 JUL 2023
... 100 employers whose uncertainty around future funding requirements will be alleviated." Meantime, Challenger said the mandate is a demonstration of the increasing number of pension and superannuation plans looking to de-risk their defined benefit liabilities ...

UniSuper awards impact mandate, inks industrial deal

CHLOE WALKER  |  TUESDAY, 25 JUL 2023
UniSuper signed an exclusive institutional mandate with a boutique impact investor, while also purchasing an industrial portfolio from a major global pension fund worth more than $1 billion. The $120 billion super fund has mandated NorthStar Impact ...

Hostplus tops up mandate, returns 8% to members

CASSANDRA BALDINI  |  TUESDAY, 18 JUL 2023
... industrial processes, healthcare and artificial intelligence and machine learning. The fund will continue its current mandate with an increased focus on university spin outs from its IP Group's university partners in Australia and New Zealand, alongside ...

Trustees lack urgency, strategy on RIC: Regulators

KARREN VERGARA  |  TUESDAY, 18 JUL 2023
... superannuation funds are shrugging off the urgency to offer robust retirement income strategies and are failing to integrate this mandate into their business plans. One year since the Retirement Income Covenant took effect, a joint examination of 15 ...

Diversa loses key super fund mandate

JAMIE WILLIAMSON  |  THURSDAY, 13 JUL 2023
One of the largest superannuation funds on Diversa's books has signed with a new trustee, in what the fund's described as "positive news." Future Super moved to Equity Trustees this month, dumping Diversa which has served as trustee since its ...

CBA staff head to Fair Work over WFH policy

JAMIE WILLIAMSON  |  THURSDAY, 13 JUL 2023
... Finance Sector Union will front the Fair Work Commission on behalf of Commonwealth Bank staff, fighting the banking giant's mandate that staff be in the office 50% of the time. At the end of May, CBA told staff that they would be required to work from ...

Equity Trustees takes on new RE mandate

CHLOE WALKER  |  THURSDAY, 13 JUL 2023
AL Capital (ALC), the independent investment and fund management arm of Aqualand Group, selected Equity Trustees to be the responsible entity of its new range of retail funds. The funds include the ALC Global Credit Fund, the ALC Active Australian Equity ...

Challenger settles real estate unit divestment

KARREN VERGARA  |  MONDAY, 10 JUL 2023
... down from the 18% stake it originally anticipated. Challenger and Elanor confirmed that ADIC was not the lost third-party mandate who became the acquirer. Challenger has allocated 4.5 million out of the 24.8 million shares to ADIC in finalising the deal ...

Iress expands superannuation leadership

CHLOE WALKER  |  MONDAY, 10 JUL 2023
James Sinclair joins the technology company as its new head of growth and partnerships, superannuation. Sinclair brings seven years' experience to his new role, most recently serving as a senior sales executive, Australia and New Zealand at Fidelity ...