Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 1391 - 1400 of 4848 results for "super funds"

Indigenous foundation teams up with super funds

ELIZA BAVIN  |  TUESDAY, 7 JUL 2020
... are hoping more come on board." Usher said FNF aims to achieve financial prosperity for Indigenous Australians, and super funds can benefit from its wide network of Aboriginal community organisations. "It is well known that Indigenous Australians have ...

Rio Tinto decision exposes limits of super engagement

ELIZABETH MCARTHUR  |  TUESDAY, 7 JUL 2020
A controversial promotion at mining giant Rio Tinto has demonstrated how even the biggest of super funds hold very little sway when it comes to engaging with companies they invest in. Peter Toth, formerly chief executive of OM Holdings, was promoted ...

AMP closes ethical option to super members

ELIZABETH MCARTHUR  |  MONDAY, 6 JUL 2020
... management. It remains open to investors, but not to AMP super members. The fund has mandates with other (non-AMP) super funds. It is still open to these investors. "The fund's capabilities are well supported by clients. The Ethical Leaders Balanced ...

Mandates from superannuation funds slow

KANIKA SOOD  |  THURSDAY, 2 JUL 2020
... lion's share of mandates awarded by superannuation funds over the period at $1 billion of the $2.5 billion total. Super funds also showed appetite for Australian equities ($983 million) and alternatives ($749 million) but mandates to other asset ...

Super for women under scrutiny

ELIZABETH MCARTHUR  |  THURSDAY, 2 JUL 2020
... ethos - screening out fossil fuels, tobacco, weapons and more. Hobbs said Verve's fees are comparable to many industry super funds and that Verve was the sixth top performing fund for the year ending 30 April 2020. Hobbs and Lusher agree that more needs ...

AFCA sees 14% rise in complaints

ELIZA BAVIN  |  THURSDAY, 2 JUL 2020
... complaints were made against banks, 15,748 against general insurers, 9857 against credit providers and 4732 against super funds, trustees or financial advisers. Meanwhile, AFCA also announced it has banned paid representative MCR Partners from lodging ...

AMP Life awards mandate post acquisition

ELIZABETH MCARTHUR  |  WEDNESDAY, 1 JUL 2020
... hold more than $7 billion, following the sale of AMP Life to Resolution Life. Equity Trustees will be trustee for the super funds, replacing current trustees N M Superannuation and AMP Superannuation. AMP Life super funds are held by more than 340,000 ...

Super funds merge, board revealed

ELIZA BAVIN  |  WEDNESDAY, 1 JUL 2020
First State Super and VicSuper have completed their merger, revealing fee reductions and board changes. The merged fund now manages over $120 billion on behalf of 1.1 million members, including healthcare and aged care workers, teachers, police and ...

Challenges abound as super poises for COVID-19 recovery

ALLY SELBY  |  TUESDAY, 30 JUN 2020
Leaders from the nation's industry super funds have called for greater certainty around superannuation policy, noting various challenges face the industry in the period of economic recovery ahead. In particular, industry fund chief executives pushed ...

Industry super pours $19.5bn into Australian recovery

ALLY SELBY  |  TUESDAY, 30 JUN 2020
Industry super funds will invest $19.5 billion over the coming three years in construction and infrastructure projects; in a move that Industry Super Australia (ISA) chair Greg Combet says will help rebuild the Australian economy. The multi-billion ...