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Showing 161 - 170 of 2275 results for "Industry fund"

Vale John Quessy

ANDREW MCKEAN  |  TUESDAY, 12 DEC 2023
... secretary John Quessy has passed away. Quessy served as a director and alternative director for nearly 20 years at the industry fund, until he retired this year. "Our heartfelt thanks go to John for his commitment to the education sector and NGS members," ...

ASIC charges HESTA for misleading marketing

ANDREW MCKEAN  |  FRIDAY, 10 NOV 2023
... fund for purportedly publishing false or misleading performance figures about one of its investment options. The industry fund subsequently incurred a $48,600 fine for its claims regarding its Balanced Growth investment option, which boasted a 10-year ...

Adviser levy discount amounts to $8m saving

KARREN VERGARA  |  FRIDAY, 10 NOV 2023
Financial advisers are set to pay $400 less in the ASIC funding levy, saving the industry $8 million in total, according to new estimates from the Financial Advice Association Australia (FAAA). Based on two legislative instruments dated November 3 ...

Rest names internal global equities lead

ANDREW MCKEAN  |  THURSDAY, 9 NOV 2023
... appointed a seasoned executive to lead its newly formed internal global equities division. Joining the $76 billion industry fund, Richard Mercado is charged with constructing an internal global equities management capability, implementing an active ...

Legalsuper hits members with increased fees

ANDREW MCKEAN  |  MONDAY, 6 NOV 2023
Legalsuper is raising the investment fees of its MySuper balanced option product from December 14, resulting in an annual cost increase for an account balance of $50,000 from $546.92 to $596.92. For the $5.4 billion industry fund's default investment ...

Industry fund chief steps down

ANDREW MCKEAN  |  WEDNESDAY, 1 NOV 2023
The long-standing chief executive of a $6.7 billion industry fund will leave December 1, after nearly two decades at the helm. Prime Super chief executive Lachlan Baird, who's held the role since 2005 and presided over "considerable change and growth" ...

Cost-of-living crisis puts young members at risk: Rest

ANDREW MCKEAN  |  TUESDAY, 31 OCT 2023
... of young members, intensifying pre-existing concerns about retirement. A survey commissioned by the $75 billion industry fund revealed that 73% of its young members experiencing financial stress say that it's adversely affecting their mental health. ...

Cbus appoints new head of infrastructure

ANDREW MCKEAN  |  THURSDAY, 19 OCT 2023
... Alexandra Campbell's promotion to head of private markets and deputy chief investment officer. The $85 billion industry fund appointed Jordan Kraiten, who brings over a decade of experience from his previous role as head of infrastructure at Hostplus ...

legalsuper appoints finance chief

ELIZABETH FRY  |  MONDAY, 16 OCT 2023
The industry fund for the legal community has hired a finance chief but is still in the market for a new chief investment officer to replace Norman Zhang who resigned last month. legalsuper chief executive Luke Symons has announced the appointment of ...

Meat industry super fund rebrands

KARREN VERGARA  |  MONDAY, 9 OCT 2023
Industry fund AMIST Super will be known as Australian Food Super from today as it sets out to expand its membership base. Australian Food Super chief executive Murray Rutherford said the super fund, which has its heritage in the meat industry, is broadening ...