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| | | ... the combined fund will have about 130,000 members and $12 billion in funds under management. In a joint statement, the two super funds said they will commence due diligence, and initial discussions have been "very positive". "We have an obligation to ... |
| | | | ... superannuation funds' ESG investments to be included in the proposed Best Financial Interests Duty. The government's BFID wants super trustees to make decisions that are in best "financial" interests of their members. The inclusion of the word "financial" ... |
| | | | ... Financial Planning business. With a background in financial advice, Magee has also served as a financial planner at Telstra Super, Westpac and Citi. In another appointment, BUSSQ appointed Trevor Govender as executive manager, operations, product and ... |
| | | | ... has appointed an administrator for its soon-to-be-launched superannuation business in Australia. GROW Inc (formerly Grow Super) was appointed Vanguard's administrator for its superannuation offering last month, taking the contract from the likes ... |
| | | | Catholic Super's bank MyLife MyFinance has implemented Temenos' digital banking platform replacing its legacy system. Temenos said the implementation reduces the bank's complexity by moving all processes and data to one core system, Temenos Transact. ... |
| | | | ... July 2021, employers will have to manually login to ATO website to individually check a non-choosing employee's old super fund details. From 1 July 2022, the Treasury hopes payroll companies will integrate the checking process. "So, an employer would ... |
| | | | Challenger's $72 billion multi-boutique business Fidante Partners has hired from AMP Capital's Asian business to set up a Singapore office. Beng Neoh worked at AMP Capital for about 22 years, ending as managing director, North Asia in 2019. ... |
| | | | ... public hearings held by economics legislation committee in Sydney this morning. The hearings relate to Your Future, Your Super reforms currently before the parliament. The bill includes a proposal for superannuation trustees to be subjected to "best ... |
| | | | The ESG-focused think tank has appointed an Australian distributor. It is looking to expand into Australia via a partnership with Melbourne third-party distributor AFM Investment Partners. AFM's founder and managing director John Donovan will join Pensions ... |
| | | | About 200 members from Sunsuper and QSuper have written to the funds, asking them to disclose holdings in thermal coal, among other climate change risks. The two funds are set to merge this year, creating a $200 billon fund with over 600,000 members. ... |
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