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Showing 271 - 280 of 2275 results for "Industry fund"

Aware increases stake in Lendlease retirement trust

CHLOE WALKER  |  FRIDAY, 1 APR 2022
... Aware Super has agreed to buy an additional 24.9% of the Lendlease Retirement Living Trust for $490 million. The industry fund acquired an initial 25% interest in the entity a year ago for $460 million. Upon completion, Aware Super will hold a 49.9% ...

Not enough Budget for women: Industry

JAMIE WILLIAMSON  |  WEDNESDAY, 30 MAR 2022
... seriously, because if we don't get that right, women will be condemned to retire in poverty for generations to come." Industry fund Rest said the same, adding that the measure should be introduced without further delay, calling on both major parties ...

More Diversa super products to wind up

JAMIE WILLIAMSON  |  FRIDAY, 25 MAR 2022
... Its closure came less than a year after it was transferred to OneSuper (then Smartsave) as part of a merger with industry fund LESF Super. At the end of 2021, OneSuper had about 28,000 members across its 14 sub-plans, according to APRA data. At that ...

UniSuper makes venture capital play

ELIZABETH MCARTHUR  |  THURSDAY, 24 MAR 2022
UniSuper, the $106 billion industry fund, has made an investment with a venture capital fund manager. The fund has invested $75 million with early-stage commercialisation fund manager, Uniseed. The investment will feed into UniSuper's sustainable investment ...

HESTA pushes forward with internalisation

ELIZABETH MCARTHUR  |  THURSDAY, 17 MAR 2022
The $68 billion industry fund for health workers is pushing forward with an ambitious internalisation program. The fund recently reached a key milestone, with its in-house Australian equities team now actively investing. The Australian equities being ...

Hostplus commits to net zero

ELIZABETH MCARTHUR  |  TUESDAY, 15 MAR 2022
Industry fund Hostplus has committed to net zero by 2050, in line with Australia's commitment to the Paris Agreement. "Climate change represents a significant financial risk to global markets and economies over the longer term. We have a responsibility ...

Industry funds buoyed by unlisted assets

KARREN VERGARA  |  FRIDAY, 11 MAR 2022
... assets and by managing investments internally. An Industry Super Australia analysis found that a member who joined an industry fund in 1996 would be $36,954 better off on average at the end of June 2021 compared to being a member of a retail fund or ...

Women own $1.2tn in super: Research

CHLOE WALKER  |  TUESDAY, 8 MAR 2022
About $1.2 trillion of the total superannuation savings held by Australians belongs to women, with most held by Australian Retirement Trust while Rest has the most female members. Rainmaker Information analysis of super fund information published by ...

Member contributions lift super assets to $3.5tn

KARREN VERGARA  |  WEDNESDAY, 2 MAR 2022
Voluntary member contributions helped push the superannuation asset pool to a new record of $3.5 trillion at the end of 2021. The latest statistics from the prudential regulator shows total superannuation assets grew 14% to $3.47 trillion year on year. ...

Winner of Gwen Fletcher Memorial Award 2022 announced

ELIZABETH MCARTHUR  |  WEDNESDAY, 2 MAR 2022
... of the Gwen Fletcher Memorial Award for 2022. Melbourne-based senior advice compliance analyst Danica Lozada of Industry Fund Services has taken home the award. The Gwen Fletcher Memorial Award recognises the highest performing student in the CFP Certification ...