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Showing 1301 - 1310 of 6290 results for "Superannuation Fund"

BOQ bolsters executive team

ANNABELLE DICKSON  |  TUESDAY, 21 SEP 2021
... support this ambition," BOQ chair Patrick Allaway said in February. ME Bank was previously owned by 26 industry superannuation fund including AustralianSuper, UniSuper, Cbus, HESTA and Hostplus.

AustralianSuper ups stake in WestConnex

KARREN VERGARA  |  MONDAY, 20 SEP 2021
The $233 billion superannuation fund's stake in WestConnex rose to 20.5% after the consortium it's a part of took full ownership of the motorway. The Sydney Transport Partners (STP) consortium purchased the remaining 49% interest or $11.1 billion ...

AustralianSuper says no incidents of common ownership

KANIKA SOOD  |  WEDNESDAY, 15 SEP 2021
The industry fund says it analysed its $53 billion Australian equities portfolio and found no instances of common ownership. Common ownership of listed companies is currently the subject of a parliamentary inquiry led by MP Tim Wilson, who has said ...

Australia ranked seventh for retirement wellbeing

ELIZABETH MCARTHUR  |  WEDNESDAY, 15 SEP 2021
... levels of wealth to engage with their retirement," Natixis country head Louise Watson said. "Working with their superannuation fund and a financial adviser who can tailor an investment portfolio to their needs and goals can highlight strategies investors ...

Verve Super taps investors for $2.6m raise

KANIKA SOOD  |  TUESDAY, 14 SEP 2021
The start-up superannuation fund has raised $2.6 million, with Carol Schwartz coming on board as one of the investors. Verve said the raise attracted female investors including philanthropist and AI Media chair Deanne Weir, human rights lawyer Dalit ...

Adviser ETF take-up continues

KARREN VERGARA  |  MONDAY, 13 SEP 2021
... investors are also flocking to ETFs; some two thirds invest directly while one third invest via their self-managed superannuation fund. Most of these retail investors (71%) do not use a financial adviser as they do not see value in it (43%), in addition ...

Investors demand credible climate information

ANNABELLE DICKSON  |  MONDAY, 13 SEP 2021
Retail investors would have greater confidence in sustainability information it was subject to independent assurance, new research shows. The Chartered Accountants Australia and New Zealand (CA ANZ) Investor Confidence Survey recorded 87% of investors ...

ASIC urged to act on common ownership

KARREN VERGARA  |  FRIDAY, 10 SEP 2021
Corporate regulator ASIC was slammed for its lack of oversight over common ownership and concentration at a parliamentary committee this morning. The Standing Committee on Economics, which discussed the implications of capital concentration and common ...

APRA intensifies scrutiny of underperformers

KARREN VERGARA  |  FRIDAY, 10 SEP 2021
The prudential regulator is cracking down further on the superannuation funds that failed the performance test, chair Wayne Byres warned this morning. Last week, APRA named 13 super funds that failed its inaugural performance test. The House of Representatives ...

Sunsuper, QSuper finalise executive team

ELIZABETH MCARTHUR  |  FRIDAY, 10 SEP 2021
... backgrounds and bring strong commercial experience to the roles. "At merger, we will be Australia's second largest superannuation fund with two million members, and we have created a leadership team equipped to serve their needs," he said. "The executive ...