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Showing 141 - 150 of 34243 results for "fund"

Mercer Super fined $10.3m for reportable situations failures

KARREN VERGARA  |  MONDAY, 29 JUN 2026
... Justice Button said the incidents "had the potential to have a detrimental effect on members." The matters included the super fund failing to update some member accounts leading to higher fees and less favourable insurance arrangements, charging insurance ...

ASIC calls out platform trustees: 'Clear breach of trust'

RIDDHIMA TALWANI  |  MONDAY, 29 JUN 2026
... along with inadequate monitoring of key risk indicators such as member churn, patterns in fees, holding limits and unusual fund flows. APRA wrote to trustees in in October last year in the wake of the First Guardian and Shield Master Fund collapses ...

NZ Super names private equity lead

VINNY VUCAGO  |  MONDAY, 29 JUN 2026
... appointed William Fletcher as head of private equity and alternative investments, bolstering leadership across one of the fund's fastest growing investment portfolios. Fletcher joins from Fisher Funds, where he managed the firm's global private equity ...

Payday Super to tackle gender super gap: Aware Super

KARREN VERGARA  |  MONDAY, 29 JUN 2026
... historically lost contributions via gaps created by quarterly payment cycles, according to Aware Super. The $245 billion super fund is ushering in the new Payday Super regime, which kicks into gear on July 1, as "one of the most meaningful improvements ...

HMC Capital wins $1.3bn private credit insto mandate

RIDDHIMA TALWANI  |  MONDAY, 29 JUN 2026
... 652MW of installed wind, solar and battery energy storage system (BESS) capacity. The next tranche's $248 million will fund 90% of the equity component of construction costs of the platform's first BESS development project.

REI Super chief executive steps down

ELIZA BAVIN  |  FRIDAY, 26 JUN 2026
REI Super has announced its chief executive Jarrod Coysh will be leaving the fund in September 2026. Coysh will be taking up the role of chief executive at GMHBA, the profit-to-member private health insurer. The REI Super board said it has commenced ...

HMC, KKR tie up receives ACCC approval

KARREN VERGARA  |  FRIDAY, 26 JUN 2026
... operate under the name Illuma Energy. About $355 million will be deployed at financial close and up to $248 million will fund the first battery energy storage system (BESS) development. HMC will receive a $35 million establishment fee in FY26, while ...

ASIC sues three Keystone Asset Management directors

KARREN VERGARA  |  FRIDAY, 26 JUN 2026
... Mark Yorston for allegedly failing their duties to safeguard superannuation members from the collapse of the Shield Master Fund. Some 5800 investors with $530 million in retirement savings were invested in Shield. Keystone, which is now in liquidation ...

Corruption, governance risks: The cost of doing business in emerging markets?

KARREN VERGARA  |  FRIDAY, 26 JUN 2026
... undersells" the damage that corruption does. "Taxes, while they have lots of flaws and can be unequal or regressive, at least fund public services and are somewhat accountable. Corruption has none of that," she said. "Unlike tax, corruption is random ...

FSC links active super choices to stronger retirement outcomes

VINNY VUCAGO  |  FRIDAY, 26 JUN 2026
... individual who switches to a lower-fee investment option from age 30 could retire with up to $1.2 million from a default MySuper fund to a high-growth option at the same age could increase retirement savings by as much as $690,000. The report also found ...