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Showing 1361 - 1370 of 4836 results for "EAC"

Cbus pledges net zero emissions

ANNABELLE DICKSON  |  MONDAY, 31 AUG 2020
The $54 billion construction industry fund is planning to cut 45% of absolute portfolio emissions by 2030 and is aiming for net zero emissions by 2050 by removing high-risk climate holdings. Under Cbus' new Climate Change Roadmap, the fund will develop ...

Industry fund reduces fees

KARREN VERGARA  |  MONDAY, 31 AUG 2020
A $1.7 billion superannuation fund is cutting some of its fees as of 1 October 2020. The majority of Christian Super's 28,000 members will benefit from asset allocation changes, lower fees paid to investment managers, and reduced indirect costs ...

HESTA partners for global equities

JAMIE WILLIAMSON  |  MONDAY, 31 AUG 2020
HESTA has entered into an international equities partnership with a specialist global manager, expanding on an existing mandate. Martin Currie Investment Management will become the underlying investment manager for a new global equities portfolio for ...

Female access to ERS to widen gender super gap

ANNABELLE DICKSON  |  FRIDAY, 28 AUG 2020
The Early Release of Superannuation (ERS) scheme is expected to impact female workers and widen the gender superannuation gap according to The Australian Institute of Superannuation Trustees (AIST) and Women in Super. New data shown at the annual Women's ...

Challenges on the horizon for CountPlus

ANNABELLE DICKSON  |  FRIDAY, 28 AUG 2020
CountPlus recorded an increase of net profit after tax to $5.95 million in FY20 from $3.68 million ahead of future challenges to its Count Financial business. The accounting firm increased its cash to $21.11 million, up from $8.5 million in the preceding ...

Shareholders approve Aon, WTW merger

JAMIE WILLIAMSON  |  THURSDAY, 27 AUG 2020
Despite ongoing objection elsewhere, shareholders have approved the merger of Aon and Willis Towers Watson. Shareholders in Aon and Willis Towers Watson voted for all proposals necessary to see the merger through at their respective extraordinary general ...

Sam Henderson pleads guilty

ELIZABETH MCARTHUR  |  TUESDAY, 25 AUG 2020
Former celebrity financial adviser Sam Henderson has plead guilty to three charges of dishonest conduct. Henderson plead guilty to one "rolled up" charge of dishonest conduct along with two counts of making a disclosure document available to a person ...

Tasplan changes asset allocation

ELIZA BAVIN  |  TUESDAY, 25 AUG 2020
Tasplan is changing its asset allocation for its Tasplan OnTrack - Maintain stage to increase the percentage invested in growth assets. For those invested, their asset allocation will automatically change to 60% growth and 40% defensive allocation from ...

Cashwerkz to launch funds incubator

ALLY SELBY  |  TUESDAY, 25 AUG 2020
Cashwerkz has announced it will launch a funds incubator to help establish new entrants into the market. The assistance provided by Cashwerkz via its incubator Fund Income will include appropriate licencing using the responsible entity infrastructure ...

AIST calls for top-ups for low-income ERS recipients

ANNABELLE DICKSON, KANIKA SOOD  |  MONDAY, 24 AUG 2020
Government should top up the superannuation balances of Australians who make less than $39,837 a year and genuinely accessed their superannuation under ERS, according to the Australian Institute of Superannuation Trustees. The body is recommending the ...