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Showing 111 - 120 of 2287 results for "industry fund"

Former industry fund chief in new role

ELIZABETH FRY  |  FRIDAY, 13 SEP 2024
... promotes sustainable growth. Prime Value Asset Management chief executive and co-founder Yak Yong Quek said the former industry fund boss' extensive leadership experience in funds management will be an invaluable addition to the firm. "Lachlan brings ...

Aussie super funds climb ranks, government funds slide

JAMIE WILLIAMSON  |  TUESDAY, 10 SEP 2024
Seventeen of Australia's superannuation and pension funds now rank in the top 300 worldwide by assets, including one new entrant. However, it's not all good news for the government funds that made the cut. That's according to the latest ...

Hostplus launches digital advice platform

ANDREW MCKEAN  |  MONDAY, 9 SEP 2024
... tool that delivers personalised financial education and advice to its members, called SuperSmart. The $115 billion industry fund, which has nearly two million members, partnered with large licensee Industry Fund Services (IFS) and financial services ...

Super fund merger prompts investment changes

ANDREW MCKEAN  |  TUESDAY, 3 SEP 2024
Spirit Super's investment options will be renamed and changed to align with those currently offered by CareSuper ahead of their merger in November. Spirit Super's default balanced investment option will shift to a more defensive stance, adjusting ...

Cbus' CFMEU board directors exit

ANDREW MCKEAN  |  FRIDAY, 30 AUG 2024
Cbus' CFMEU board directors Rita Mallia, Jason O'Mara, and Dave Noonan are no longer with the fund. The CFMEU directors were removed from the super fund's website earlier this week. Cbus' board comprises 14 directors, including an equal number of ...

J.P. Morgan lands custody services mandate with industry fund

ANDREW MCKEAN  |  THURSDAY, 29 AUG 2024
J.P. Morgan has been appointed as the new custodian for Vision Super, replacing NAB Asset Servicing. The investment bank said that it's completed the transition of the $13.8 billion industry super fund, which is set to merge with Active Super on 1 March ...

NGS Super names new chair

JAMIE WILLIAMSON  |  THURSDAY, 29 AUG 2024
Following a revision of its constitution, NGS Super will welcome its first independent chair in 2025. The industry fund, which caters to education professionals, has revised its constitution to allow for the inclusion of independent directors on its ...

BUSSQ fights back against regulatory imposition

ANDREW MCKEAN  |  MONDAY, 26 AUG 2024
... of BUSSQ and has appointed four directors to its eight-member board, three of whom are also CFMEU officers. The industry fund, while supportive of the prudential regulator's role in overseeing super funds, contended that concerns raised in the recent ...

AET boosts Equity Trustees' FY24 performance

KARREN VERGARA  |  FRIDAY, 23 AUG 2024
The acquisition of Australian Executor Trustees (AET) has bolstered the revenue and client book of Equity Trustees (EQT) in the last financial year. EQT's revenue increased 23.1% to $174 million in the 12 months to June, benefiting from the integration ...

New bill seeks to block investments involving Cbus

ANDREW MCKEAN  |  THURSDAY, 22 AUG 2024
... connection to the CFMEU makes it an "untenable party" with which to do government business, adding that involving the industry fund and the scandal-plagued union in the HAFF "further risks the integrity of taxpayer funds locked in the misguided scheme." ...