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Showing 1531 - 1540 of 18106 results for "Superannuation"

AustralianSuper, HESTA acquire majority stake in housing developer

ANDREW MCKEAN  |  TUESDAY, 23 JUL 2024
AustralianSuper and HESTA have taken a majority stake in a new housing company that seeks to provide institutional investors stable, long-term returns through large-scale housing investments across Australia. The new company, backed by the industry ...

NZSF returns 17%, smashes benchmarks

KARREN VERGARA  |  TUESDAY, 23 JUL 2024
... renewable energy developer, owner and operator Galileo. It now has a 20% stake in Galileo, together with Commonwealth Superannuation Corporation, Infratil, and Morrison & Co's Growth Infrastructure Fund. On a 10-year basis, NZSF returned 10.22% p.a. ...

Cbus hires from VFMC for key ESG role

ROSE MARY PETRASS  |  TUESDAY, 23 JUL 2024
... ESG. She left the super fund in 2019 after 11 years. She has held leadership roles at the Australian Council of Superannuation Investors, the Investor Group on Climate Change and the Responsible Investment Association of Australasia. At Cbus, Williams ...

OnePath Custodians fined $11m for MySuper failures

JAMIE WILLIAMSON  |  MONDAY, 22 JUL 2024
... they should have been. APRA has agreed to accept the undertaking from OnePath, after it continued to identify more superannuation members that were impacted by its failure to direct default contributions into a MySuper product. It has also been issued ...

Reconsider the home as a retirement income pillar: Actuaries Institute

ANDREW MCKEAN  |  MONDAY, 22 JUL 2024
... reconsider the role of the home as a fourth pillar of our retirement income system - alongside the Age Pension, superannuation, and voluntary private savings - which could be treated as another financial asset to fund retirement lifestyles. "Of course ...

Rest awards private equity mandate to TowerBrook Capital

ANDREW MCKEAN  |  MONDAY, 22 JUL 2024
Rest has awarded a US$75 million ($112.15 million) mandate to transatlantic investment manager TowerBrook Capital Partners, for its Delta private equity impact fund. The Delta fund will invest in mid-sized private companies that are expected to generate ...

Cbus strategy chief exits

KARREN VERGARA  |  MONDAY, 22 JUL 2024
... as the investment manager of innovation and strategy. Before that, she was working as an independent adviser to superannuation funds, asset managers, and asset consultants for nearly 10 years. She was previously the director of strategy and new business ...

Industry funds defend CFMEU board ties

ANDREW MCKEAN  |  FRIDAY, 19 JUL 2024
... under the requirements of the SIS Act, Corporations Act, Australian Financial Services Licence obligations, and Superannuation Prudential Standard 520 Fit and Proper (CPS250). "We have robust procedures for ongoing probity checks and all current BUSSQ ...

AustralianSuper manager research head departs

ELIZABETH FRY  |  FRIDAY, 19 JUL 2024
... portfolio construction. He spent the last 10 years as the head of manager research at the nation's largest superannuation fund, where he built multi-manager equity portfolios, now valued at $50 billion. He was also responsible for oversight of the ...

Mercer Super chalks up 11.2% return

ANDREW MCKEAN  |  THURSDAY, 18 JUL 2024
Mercer Super's SmartPath, its default lifecycle investment option, has delivered returns ranging from 11.2% and 11.7% for the last financial year. Mercer's acting chief investment officer for the Pacific region Sue Wang said the results were an excellent ...