Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 151 - 160 of 1945 results for "industry super"

Cbus, Media Super set merger date

JAMIE WILLIAMSON  |  WEDNESDAY, 23 FEB 2022
... following the merger. "Media Super and Cbus share the same mission: better retirement outcomes for members. Being industry super funds, both Media Super and Cbus have a similar culture and shared values," the update reads. "The merger delivers the opportunity ...

Aware Super advice arm to pay $20m fine

CHLOE WALKER  |  FRIDAY, 18 FEB 2022
The industry super fund's financial advice subsidiary has been hit with a $20 million penalty for charging over 25,000 customers more than $50 million in fees for no service. Between 21 August 2014 and 30 June 2018, Aware Financial Services, formerly ...

Vision Super adds to board

KARREN VERGARA  |  WEDNESDAY, 16 FEB 2022
Vision Super welcomed a new member of the board whose experience spans the private and public sectors. The industry super fund appointed Vijaya (VJ) Vaidyanath to its board on January 1. Vaidyanath is the former chief executive of the City of Yarra ...

AMIST criticised for SPC investment

ELIZABETH MCARTHUR  |  THURSDAY, 10 FEB 2022
Australian Meat Industry Superannuation Trust (AMIST) is being criticised for a recent investment in fruit packing giant SPC, due to the other party involved in the capital raise. AMIST made an investment in SPC in a capital raising. Peregrine Corporation ...

MLC Life names head of fund partnerships

JAMIE WILLIAMSON  |  MONDAY, 7 FEB 2022
... appointed a head of fund partnerships for the group insurance business, most recently on the leadership team of an industry super fund. Chris Porter has taken on the role, reporting directly to general manager, fund partnerships Emily Wu. Porter was ...

Cbus adds to board

KARREN VERGARA  |  THURSDAY, 20 JAN 2022
Two new members have joined Wayne Swan on the board of industry superannuation fund Cbus. Jason O'Mara was appointed a member director this month, replacing Dave Noonan. O'Mara has been the Construction, Forestry Mining and Energy Union's ...

JANA hires legal expert from industry fund

KARREN VERGARA  |  WEDNESDAY, 19 JAN 2022
... officer David Barton recently joined Future Super in a newly created position, wrapping up four-year tenure at the industry super fund.

Financial watchdog warns on crypto

CHLOE WALKER  |  TUESDAY, 18 JAN 2022
In a public statement this week, the Australian Securities and Investment Commission ( ASIC) has issued a warning urging self-managed super funds (SMSFs) to consider the risks of cryptocurrency investments. The corporate regulator said that it had noticed ...

ISPT takes stake in property fund manager

KARREN VERGARA  |  FRIDAY, 17 DEC 2021
ISPT has acquired a stake in a subsidiary run by ASX-listed E&P Financial Group, paying $12 million for its share. ISPT is to become part owner of E&P's Fort Street Real Estate Capital (FSREC), a real estate investor and asset manager which also ...

Choice products not so choice: APRA

CHLOE WALKER, KARREN VERGARA  |  FRIDAY, 17 DEC 2021
Several superannuation funds that flunked the inaugural Your Future, Your Super test, are also failing Choice members, the latest APRA heatmaps reveal. The prudential regulator slapped retail and industry superannuation funds alike with the lowest grade ...