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Showing 261 - 270 of 2025 results for "Industry super"

ME Bank faces criminal charges

ELIZABETH MCARTHUR  |  WEDNESDAY, 15 SEP 2021
... consumer protection provision s12DB of the ASIC Act. In February, Bank of Queensland moved to acquire ME Bank from the industry super funds that owned the bank for more than $1.3 billion. The bank faced scrutiny in 2020 after some legacy customers had ...

ASIC urged to act on common ownership

KARREN VERGARA  |  FRIDAY, 10 SEP 2021
... records of the nation's 50 largest superannuation funds, found only 22 fund published their voting records. Industry super funds (59%) led the charge, followed by public sector funds (18%), retail funds (14%) and corporate funds (9%). Six of the ...

Tim Wilson grills NAB on super ownership

ELIZABETH MCARTHUR  |  THURSDAY, 9 SEP 2021
... wide range of stakeholders." Commenting on Wilson's line of questioning in regards to super fund ownership, Industry Super Australia chief executive Bernie Dean said: "This sort of silliness is exactly why most people tuned out from this guy ages ...

Retail, corporate funds lack transparency on ESG votes

KARREN VERGARA  |  TUESDAY, 7 SEP 2021
... records of the nation's 50 largest superannuation funds, found only 22 fund published their voting records. Industry super funds (59%) led the charge, followed by public sector funds (18%), retail funds (14%) and corporate funds (9%). Six of the ...

Family law super reform passes

ANNABELLE DICKSON  |  FRIDAY, 3 SEP 2021
... delay was put down to "vagaries" of the federal system. The exposure draft legislation was later released in June. Industry Super Australia (ISA) welcomed the leglisation and said it will help women get their fair share of superannuation assets when ...

Cbus, Media Super sign SFT deed

JAMIE WILLIAMSON  |  WEDNESDAY, 1 SEP 2021
The two industry super funds have progressed their plans to merge, officially signing a successor fund transfer deed. Together, the funds will manage more than $70 billion in retirement savings for about 850,000 members. As part of the deal, Cbus will ...

Rest streamlines asset classes

JAMIE WILLIAMSON  |  TUESDAY, 31 AUG 2021
In a move to better align itself to the Your Future, Your Super benchmarks, the $62 billion industry superannuation fund is changing the way it categorises its investment options, shifting from 11 asset classes to seven 'mega asset classes'. ...

Bravura appoints head of Sonata Alta

KANIKA SOOD  |  TUESDAY, 31 AUG 2021
Bravura has hired an industry super operations manager as its head of Sonata Alta. Nicole Kennedy started in the role on August 30. She reports to Bravura's head of operations for Australia Jon Alder. She joins from CareSuper and previously worked ...

Equip strengthens executive team

JAMIE WILLIAMSON  |  TUESDAY, 31 AUG 2021
Industry super fund Equip is adding to its executive lineup, appointing an executive officer of growth and employer relations. Previously head of growth, Charlie Yanni has been promoted to the executive team. Similar to his prior role, in the new position ...

Maritime Super criticises unfair YFYS test

JAMIE WILLIAMSON  |  MONDAY, 30 AUG 2021
... better retirement outcome," he said. In addition to the Hostplus deal, just last week Maritime Super cut ties with Industry Super Australia, withdrawing from the collective in a move that is set to save its 24,000 members about $350,000 a year. In confirming ...