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Showing 1681 - 1690 of 9686 results for "Show"

Pension scheme, UBS divest energy companies

JAMIE WILLIAMSON  |  TUESDAY, 21 DEC 2021
A UK pension scheme and UBS Asset Management have called time on investments in five energy companies that are not working towards a low carbon economy. Nest and UBS AM have sold shares in Exxon Mobil, Imperial Oil, Kepco, Marathon Oil and Power Assets ...

Disgraced former fund manager chief declared bankrupt

JAMIE WILLIAMSON  |  TUESDAY, 21 DEC 2021
The former chief executive of MFS Group - later known as Octaviar - has been declared bankrupt after he failed to pay a penalty to ASIC of $300,000. The Federal Court made the order against Michael Christodoulou King based on the unpaid penalty even ...

Industry responds to heatmap findings

CHLOE WALKER  |  FRIDAY, 17 DEC 2021
... engaged with their superannuation and seek financial advice when making investment decisions," Briggs said. "The heatmaps show a range in investment returns and fees offered by funds across all sectors in the superannuation industry. "Trustees have an ...

MySuper heatmap offers few surprises

JAMIE WILLIAMSON  |  FRIDAY, 17 DEC 2021
... have been benefits generated for members from industry consolidation and reductions in fees in recent years, these heatmaps show there remains considerable room for improvement in member outcomes." APRA also published its assessment of the Choice sector ...

Choice products not so choice: APRA

CHLOE WALKER, KARREN VERGARA  |  FRIDAY, 17 DEC 2021
... failing over a seven-year period also feature prominently on the heatmap. Overall, APRA's first Choice product heatmaps show that an overwhelming 60% are underperforming and many charge members high fees for no value. The prudential regulator calculated ...

What you read in 2021

JAMIE WILLIAMSON  |  FRIDAY, 17 DEC 2021
In another year of lockdowns and uncertainty, Financial Standard 's most read stories show all eyes were on the changing nature of the superannuation sector. Industry consolidation and the Your Future, Your Super performance test underscore the ...

HESTA leads trustee board diversity

KARREN VERGARA  |  THURSDAY, 16 DEC 2021
Superannuation fund HESTA has the highest number of women on its trustee board with nine females versus five males. An analysis of APRA's fund-level superannuation data as at June 2021 shows the $67 billion fund has tipped the gender imbalance as ...

Knight Frank releases 2022 outlook

CHLOE WALKER  |  THURSDAY, 16 DEC 2021
Knight Frank has released its Outlook 2022 Report, which looks at its predictions and major themes driving the Australian property market next year. The report covers everything from the industrial, commercial, office and residential markets, as well ...

NZ Super awards passive ESG mandates

JAMIE WILLIAMSON  |  WEDNESDAY, 15 DEC 2021
NZ Super Fund has selected UBS Asset Management to manage $4.9 billion across two passive mandates. UBS Asset Management has designed two ESG index equity funds for NZ Super, tailored to its performance and responsible investment requirements. UBS Asset ...

Foreign investment in Australian commercial property hits record high

CHLOE WALKER  |  WEDNESDAY, 15 DEC 2021
CBRE data reveals foreign investment in Australian commercial property has reached a new annual record, with $16.6 billion in office, retail, industrial and hotel assets having changed hands year to date. The analysis shows that North American investors ...