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Showing 2641 - 2650 of 6290 results for "Superannuation Fund"

Pension funds feel the heat on climate change

JAMIE WILLIAMSON  |  THURSDAY, 13 SEP 2018
A study of the world's 100 largest public pension funds has found more than 60% have little or no climate change strategy. This includes a number of Australian superannuation funds. A new report from the Asset Owners Disclosure Project shows 63% ...

AMP, CBA respond to record class action bid

JAMIE WILLIAMSON  |  WEDNESDAY, 12 SEP 2018
... action which could see the two parties forced to repay more than $500 million that was unfairly deducted from superannuation fund accounts. Launching its Get Your Super Back campaign yesterday, Slater and Gordon alleged CBA-owned super fund Colonial ...

SMSF cash allocation dips

KARREN VERGARA  |  WEDNESDAY, 12 SEP 2018
Self-managed superannuation funds are increasingly shifting away from cash to Australian equities, latest SuperConcepts figures show. Cash and short-term deposits dropped from 19.8% to 17.3% in the 12 months to June 2018, according to SuperConcepts' ...

Industry super fund commits to green bonds

HARRISON WORLEY  |  TUESDAY, 11 SEP 2018
An $11 billion industry superannuation fund is a founding signatory to the Green Bond Pledge. Local Government Super (LGS), the industry fund for NSW local government employees joined the US state treasuries of California, New Mexico and Rhode Island ...

Best-in-show super fund list should be 11: WSSA

KARREN VERGARA  |  TUESDAY, 11 SEP 2018
Workplace Super Specialists Australia is calling for employer funds to be included in the Productivity Commission's proposed best-in-show list of recommended default superannuation funds. WSSA chief executive Douglas Latto said if the Productivity Commission's ...

Industry funds launch account matching initiative

KARREN VERGARA  |  MONDAY, 10 SEP 2018
Several industry superannuation funds are teaming up to consolidate multiple accounts estimated to save members $100 million per year. The cross-fund matching initiative will see 18 industry funds consolidate 500,000 low balance, inactive accounts. ...

Industry fund chair retires

JAMIE WILLIAMSON  |  MONDAY, 10 SEP 2018
The chair of a $2.5 billion industry superannuation fund is retiring following about 20 years as a board director. AvSuper Fund chair George Fishlock will retire at the end of January 2019, having led the fund's board since 2003. Having worked as an ...

The changing face of SMSFs

JAMIE WILLIAMSON  |  MONDAY, 10 SEP 2018
Self-managed superannuation funds increased allocations to international equities by 30% in the first half of 2018, as well as upped exposure to listed investment companies and trusts in a bid to reach new markets. According to the latest Commsec SMSF ...

Industry fund grows leadership

JAMIE WILLIAMSON  |  FRIDAY, 7 SEP 2018
A $7 billion industry superannuation fund boosted its executive leadership team with the addition of a general manager, customer insight and product. Energy Super is welcoming Sean Marteene in the newly-created role where he will be responsible for ...

ASIC to ramp up trustee visits

KARREN VERGARA  |  FRIDAY, 7 SEP 2018
Superannuation funds should get accustomed to leaving the front door open for ASIC as the regulator flagged it will pay trustees more periodic visits. Presenting a regulatory update at the AIST Super Investment Conference? in Cairns yesterday, ASIC ...