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

Search Results

Showing 191 - 200 of 724 results for new zealand superannuation fund

APRA releases draft climate change guidance

RACHEL ALEMBAKIS  |  FRIDAY, 23 APR 2021
... manager of policy and standards at the Responsible Investment Association Australasia (RIAA). "We would hope, as in New Zealand, this guidance becomes mandatory, so that all financial institutions are pricing and valuing companies within the portfolios ...

State Street the largest institutional manager

KANIKA SOOD  |  MONDAY, 19 APR 2021
... share in $102 billion ETF FUM. Vanguard this year decided to gradually unwind institutional mandates in Australia and New Zealand in lead up to its superannuation offering's launch. Both have retained their spots since at least September 2018. But ...

Vanguard Super appoints board

KANIKA SOOD  |  THURSDAY, 15 APR 2021
... it appointed an administrator for the super offering. It has also returned institutional mandates in Australia and New Zealand in the lead up to the launch.

MySuper fees could halve in 10 years

KANIKA SOOD  |  THURSDAY, 1 APR 2021
... administration and member services. This is much higher than average fees charged by international pension fund counterparts. New Zealand's KiwiSaver averaged 0.90% for the same period, US Public Sector retirement funds charged 0.55%, UK's Nest ...

Northern Trust AM's stellar year

KANIKA SOOD  |  MONDAY, 29 MAR 2021
... it better," Northern Trust Asset Management's head of quantitative research and client solutions, Australia and New Zealand Scott Bennett said. "Every mandate we have had in the last two years has been ESG [or] sustainability focused," he said. Northern ...

Super fund ups stake in renewable company

KARREN VERGARA  |  FRIDAY, 26 MAR 2021
... Fund. Together with Mercury NZ, PowAR is in the process of acquiring Tilt Renewables, which is listed on both the ASX and New Zealand's stock exchange NZX. The Future Fund is part of aconsortium attempting to acquire Tilt. If the acquisition of Tilt ...

AFCA left toothless on Mayfair complaints

ELIZABETH MCARTHUR  |  MONDAY, 22 MAR 2021
... future, after a lifetime of hard work, looks bleak," he said. Another noteholder, Nickie, emigrated to Australia from New Zealand with her husband to travel the country in a caravan and enjoy their retirement. The couple invested the entire proceeds ...

WTW wins mandate from NZ government super fund

ELIZABETH MCARTHUR  |  THURSDAY, 18 MAR 2021
Willis Towers Watson has been appointed to review the New Zealand Government Superannuation Fund Authority (NZ GSFA). Under this appointment, WTW will assess NZ GSFA's investment approach to determine how effectively and efficiently it is performing ...

UK drags Bravura performance

KARREN VERGARA  |  THURSDAY, 25 FEB 2021
... contracts with: a global investment bank and an Australian trustees business (Garradin); a superannuation fund (ePASS); a New Zealand life insurance firm (Sonata); a UK platform (Sonata) and a UK platform (microservices). Total revenue is down 19.4% ...

NZ Super Fund adds board member

KARREN VERGARA  |  TUESDAY, 23 FEB 2021
The New Zealand Superannuation Fund has appointed a new board member to serve a five-year term. Kirsty Mactaggart will join the Board of Guardians in April 2021 bringing extensive global capital markets experience. She was head of equity capital markets ...