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Showing 251 - 260 of 2278 results for "Industry fund"

UniSuper revamps investment team

ELIZABETH FRY  |  FRIDAY, 1 JUL 2022
UniSuper investment chief John Pearce has revamped his investment team following the departure of its longtime head of Australian equities, Simon Hudson. Hudson, an industry stalwart, was hired 12 years ago from QIC when Pearce began to build the industry ...

Rest cuts administration fees

JAMIE WILLIAMSON  |  THURSDAY, 30 JUN 2022
The industry fund has reduced asset-based administration fees across Rest Super, Rest Corporate and Rest Pension, saying its total fees are now at least 25% less than the industry average. Rest's asset-based admin fees, which are capped at $300, have ...

Retirement Income Covenant a win for advisers - but for how long?

JAMIE WILLIAMSON  |  THURSDAY, 30 JUN 2022
The long-awaited Retirement Income Covenant comes into effect tomorrow and, with super funds unable to consider members' personal circumstances, there's a view that its introduction could significantly impact the financial advice sector - but ...

CareSuper grows leadership team

JAMIE WILLIAMSON  |  WEDNESDAY, 29 JUN 2022
The $20 billion industry fund has welcomed former TelstraSuper executive Jean-Luc Ambrosi to the newly created role of chief experience officer and appointed Christine Nguyen as chief risk officer. Ambrosi is a new addition to the CareSuper team, having ...

Equip makes key leadership appointments

CASSANDRA BALDINI  |  THURSDAY, 23 JUN 2022
Equip has confirmed Alexis Harrison as chief member officer and Maryanne Scroggie as its new head of strategy development. Harrison, who joined Equip in 2021 as head of experience, has been moved permanently into the executive team after serving as ...

TWUSUPER awards bond mandate

JAMIE WILLIAMSON  |  TUESDAY, 21 JUN 2022
The $6.3 billion industry fund has handed down a global bond mandate as it aligns its investments to the objectives of the Your Future, Your Super regime. TWUSUPER awarded the mandate to J.P. Morgan Asset Management for investment in its new JPMorgan ...

Advice requirements confusing, complex: JAWG

ANDREW MCKEAN  |  TUESDAY, 21 JUN 2022
The Joint Associations Working Group has told the Quality of Advice Review to reduce compliance burdens and to enable the delivery of affordable, accessible advice to more consumers. In a statement, the collective of professional associations called ...

Mutual sector overcomes pandemic headwinds

ANDREW MCKEAN  |  MONDAY, 20 JUN 2022
The top 100 co-operatives and mutuals have defied the economic impacts of the pandemic; the sector's revenues grew a record 10% to $34.4 billion during 2020/2021. The latest National Mutual Economy Report released by the Business Council of Co-operatives ...

Active Super, Vision Super mull merger

ANDREW MCKEAN  |  THURSDAY, 9 JUN 2022
... is likely to be in the best financial interests of members of both funds. In a statement from Active Super, the industry fund highlighted that it and Vision Super were both profit-to-member funds of a similar size and shared a common history; a history ...

Systemic disadvantages create retirement insecurity: HESTA

ANDREW MCKEAN  |  WEDNESDAY, 8 JUN 2022
... can help improve financial outcomes for investors, resulting in stronger returns for our members." Last month, the industry fund made a senate submission into the Australian application of the UNDRIP, outlining the risks and implications for investors ...