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| | | The $95 billion superannuation fund has picked an external candidate to replace outgoing chief executive Kevin O'Sullivan. Peter Chun will replace O'Sullivan, who earlier this year announced his retirement after eight years in the role. Chun ... |
| | | | Superannuation funds' appetite for alternative investments, particularly private equity and infrastructure, is heating up, new research shows. Joint research by Preqin and the Australian Investment Council reveal super funds are on the hunt for ... |
| | | | ... advice. Elsewhere, the fund has signed a Memorandum of Understanding with the Victorian Independent Schools Superannuation Fund (VISSF), looking into whether a merger of the two funds is in the best interest of members, which would add a further $855 ... |
| | | | The government has introduced exposure draft legislation to reduce red tape for super funds when calculating the exempt current pension income (ECPI). The minister for financial services, superannuation and the digital economy Jane Hume said the draft ... |
| | | | An $18 billion superannuation fund is increasing its administration fees and adding to its cash option menu from July 1. CareSuper will stop passing on tax benefits to members via the fixed component of the admin fee and the percentage-based portion ... |
| | | | The $61 billion Hostplus will combine with the $2.6 billion Intrust as it pursues its long-standing ambition of acquiring more members in Queensland, Financial Standard understands. The 33-year-old Intrust has about 96,000 members, and 30,000 employers ... |
| | | | ASIC says superannuation funds' whistleblower policies are missing key information, including how whistleblowers can protect themselves, and should be published widely. Speaking at the Conference of Major Superannuation Funds in Adelaide on May 20 ... |
| | | | ... efficiencies. "AB developed the Managed Volatility Equities strategy in collaboration with a major Australian superannuation fund which wanted to give its members a smoother, but still competitive, return profile in volatile markets," AllianceBernstein ... |
| | | | From October 5 super funds must have stronger internal dispute resolution systems but a new ASIC survey shows many are still overshooting the 45-day deadline for resolving member complaints. The new IDR rules were set out in RG 271 introduced last July. ... |
| | | | The tripling in commitments to achieve net zero carbon emissions by both companies and investors cannot be believed blindly, according to experts. At the Conference of Major Superannuation Funds in Adelaide, Australian Council of Superannuation Investors ... |
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