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World Pension Alliance condemns COVID early release

KANIKA SOOD  |  THURSDAY, 19 AUG 2021
... as they lost out on the strong market rebound. The report added many of these would have to make voluntary contributions to top up their retirement savings.

New role for Future Super co-founder

ELIZABETH MCARTHUR  |  THURSDAY, 19 AUG 2021
... years of birth, adoption or fostering regardless of gender. The leave is also available to parents of a stillbirth child. On top of that, birth parents will receive an additional four weeks of paid leave which Brighte views as medical recovery. Superannuation ...

UniSuper moves on climate targets

ANNABELLE DICKSON  |  THURSDAY, 19 AUG 2021
... commitment to net zero emissions after reducing its exposure to fossil fuels. In latest climate policy update, 40 of UniSuper's top 50 Australian portfolio companies have now set operational targets to meet the Paris 2050 climate targets with another ...

Class makes acquisition, profit down

ANNABELLE DICKSON  |  TUESDAY, 17 AUG 2021
In its full-year results, Class announced its acquisition of legal documentation software provider, Topdocs but also recorded a significant drop in its net profit. Class is set to pay $13 million for the complete acquisition of the Topdocs platform ...

Aware Super hires member growth executive

KARREN VERGARA  |  MONDAY, 16 AUG 2021
... Steve's previous experience, I'm looking forward to having him help us drive down costs to members, maintain our record of top performance and expand the range of products, guidance, advice and education services that we can provide." Aware has ...

Best-performing global equities funds for FY21

KANIKA SOOD  |  MONDAY, 16 AUG 2021
... large cap international equities fund fell behind the benchmark by 1.7%, 0.9% and 1.3% respectively in annualised returns. The top performer for the year was the Forager International Shares Fund, which returned 78.9% in the 12 months. It was followed ...

Stellar year of returns for Aussie equities funds

KANIKA SOOD  |  FRIDAY, 13 AUG 2021
... Index's 27.8%. Three-year returns are smaller at 9.6% p.a. for the index and 9.1% p.a. for the median fund in the category. Top performers in Aussie large caps for the year were Bennelong Australian Equities Fund (45.6%), Australian Ethical Australian ...

AMP flags recovery, profit jumps

KARREN VERGARA  |  THURSDAY, 12 AUG 2021
... the banking Royal Commission and a series of controversies that emanated internally. Reparation of the brand damage is her top priority, as is finalising the demerger. "We'll be continuing to work on rebuilding confidence and trust in our brand ...

Fidelity nabs ESG expert from HESTA

ELIZABETH MCARTHUR  |  THURSDAY, 12 AUG 2021
... Australasia (RIAA) and has also served as a member of the PRI Stewardship Advisory Committee. Tan added: "ESG continues to be a top priority at Fidelity. Building out the capability and coverage of our global sustainable investing team both here in APAC ...

Delta to impact real estate market: Analysis

ELIZABETH MCARTHUR  |  WEDNESDAY, 11 AUG 2021
... work-from-home protocols unlikely to go away any time soon, inner city real estate could be looking a lot less appealing. "The top performing markets over the past year were Byron Bay and Sunshine Beach, but it's worth noting that markets such as Orange ...