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Showing 1751 - 1760 of 21890 results for "Fund."

Chief member officer departs Rest

ELIZABETH FRY  |  FRIDAY, 15 NOV 2024
After a near decade-long career with Rest, Deborah Potts will step down from her role as chief member officer and finish up with the fund in mid-December. The $90 billion superannuation fund has started the search for her replacement. Chief executive ...

AustralianSuper well placed to achieve mega-scale ambitions: Morningstar

JAMIE WILLIAMSON  |  FRIDAY, 15 NOV 2024
AustralianSuper has the right strategic recipe and leadership to continue delivering for members, but there are some areas to keep an eye on, Morningstar says. Releasing its review of the nation's largest superannuation fund, Morningstar said the fund's ...

Advice take up falls amid decade-low retirement confidence

MATTHEW WAI  |  FRIDAY, 15 NOV 2024
While demand for financial advice is apparently the highest it's ever been, the number of people actually seeking it has dropped. That's according to new research from Brighter Super and Investment Trends that shows retirement confidence among Australians ...

ASIC escalates super fund enforcement in 2025

KARREN VERGARA  |  FRIDAY, 15 NOV 2024
ASIC warned it will turn up the heat on superannuation funds by adding new enforcement priorities and flagging that it will hold directors on trustee boards to the same standards as those in big companies. While the corporate regulator heightened its ...

Macquarie offloads airports in $3bn deal

ELIZA BAVIN  |  THURSDAY, 14 NOV 2024
Macquarie Asset Management, via Macquarie European Infrastructure Fund 4, and Ferrovial have reached an agreement to sell AGS Airports to AviAlliance. The terms of the transaction represent an enterprise value for the business of around $3 billion (£1.53 ...

AFCA names and shames in fresh Datacube release

ELIZA BAVIN  |  THURSDAY, 14 NOV 2024
The Australian Financial Complaints Authority (AFCA) has completed its latest update of the AFCA Datacube, which makes data on complaints publicly accessible to consumers and financial firms. This newest update adds data covering firms with four or ...

Fiji super fund picks Northern Trust for custody

JAMIE WILLIAMSON  |  THURSDAY, 14 NOV 2024
Northern Trust will become custodian for the $6.5 billion Fiji National Provident Fund (FNPF). Northern Trust has been selected by FNPF, which is Fiji's only compulsory superannuation fund. The fund, which was established over 50 years ago, has about ...

Cbus board still considering CFMEU directors

JAMIE WILLIAMSON  |  THURSDAY, 14 NOV 2024
Fronting a Senate hearing today, Cbus chief executive Kristian Fok said the fund's board is still considering whether it will appoint the replacement directors nominated by the CFMEU back in September. In September, the CFMEU administrator re-nominated ...

Platinum exec pay hit with second strike

KARREN VERGARA  |  WEDNESDAY, 13 NOV 2024
Platinum Asset Management suffered its second consecutive strike against its remuneration report but managed to avoid a board spill. Yesterday, 73% of shareholders overwhelmingly voted against adopting the remuneration report at the annual general meeting ...

Bragg calls for Cbus to front Senate

ELIZA BAVIN  |  WEDNESDAY, 13 NOV 2024
Senator Andrew Bragg has called on Cbus chief executive Kristian Fok to face a Senate inquiry over the recent legal proceedings launched by ASIC against the fund and the CFMEU scandal. "The reason that we're having a Senate inquiry in Canberra into ...