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Showing 211 - 220 of 3606 results for "Project"

ECB drops interest rates by 0.25%

KARREN VERGARA  |  FRIDAY, 6 JUN 2025
The European Central Bank (ECB) lowered its benchmark interest rates by 25 basis points overnight as inflation comes within its target levels. The three key interest rates on the deposit facility, main refinancing operations and the marginal lending ...

Super moves: TCorp, ESSSuper, Funds SA, Team Super

ELIZABETH FRY  |  THURSDAY, 5 JUN 2025
... investment analyst at Pacific National from August 2018 to January 2019, where he developed financial models, evaluated capital project proposals and assisted in preparing comprehensive reports for the board and investment review committee. The role ...

HESTA turns the lights back on after service shutdown

ANDREW MCKEAN  |  WEDNESDAY, 4 JUN 2025
HESTA has completed the transition of its member administration services to GROW Inc, restoring online services after a seven-week disruption to transactions and app access. HESTA, which has over one million members, said this marked the end of one ...

UK treasury provides guidance on local pension consolidation

MATT TOLEDO  |  FRIDAY, 30 MAY 2025
In the UK, there are 86 local government pension schemes (LGPS) and more than a dozen multi-employer defined contribution pension funds that collectively manage $822 billion (£392bn) in assets. The ruling Labour Party's Treasury wants to consolidate ...

CSLR levy underspend expected as claim processing slows

ANDREW MCKEAN  |  WEDNESDAY, 28 MAY 2025
The Compensation Scheme of Last Resort (CSLR) is set to underspend its $24.1 million FY25 levy. The CSLR said that while the claim volume originally estimated in December 2023 is still expected to eventuate, claims have taken longer than anticipated ...

ASIC tells super: 'You have everything you need to not fail'

ELIZA BAVIN  |  WEDNESDAY, 28 MAY 2025
... more than just claims handling delays. "The main focus is on member services more generally, this is a multi-year phased project" Constant said. "We will come back to death benefit claims handling and check that funds are doing what they said they will ...

QIC completes equity raise, refinancing for energy platform

MATTHEW WAI  |  WEDNESDAY, 28 MAY 2025
QIC has completed a $370 million equity raise and $1.6 billion debt refinancing for Pacific Energy Group (PEG) for a contracted capacity of 946 megawatts (MW) across 48 sites. The equity commitments came from investors across Australia, Asia and North ...

Aware Super cuts fees for retiree members

JAMIE WILLIAMSON  |  MONDAY, 26 MAY 2025
Aware Super is shaving up to 25% off administration fees for its retiree membership. The $190 billion fund is reducing the annual administration fee for retirement income and retirement transition members from June 1. The fee will drop from 0.23% of ...

Lendlease finalises JV with The Crown Estate

ELIZA BAVIN  |  MONDAY, 19 MAY 2025
... deep sector experience in delivering sustainable, city-shaping projects and is anticipated to accelerate planning and project delivery to provide much needed housing supply for Greater London and its residents," Lendlease said. "The Crown Estate is an ...

Inside Colonial First State's fund manager selection overhaul

ANDREW MCKEAN  |  FRIDAY, 16 MAY 2025
Colonial First State (CFS) managed the two best-performing MySuper options over the year to March 31. The wealth management and superannuation provider's head of equities Ben Lam explains the "art and science" behind its recently evolved manager ...