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Showing 271 - 280 of 2289 results for "industry fund"

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 ...

Cbus takes 10% stake in major wind project

CHLOE WALKER  |  THURSDAY, 2 JUN 2022
... Cbus has acquired a 10% interest in a local offshore wind project owned by Copenhagen Infrastructure Partners. The industry fund acquired the stake in Star of the South, Australia's largest offshore wind project majority owned by CIP via its flagship ...

HESTA opposes AGL demerger

JAMIE WILLIAMSON  |  WEDNESDAY, 25 MAY 2022
The industry fund will not back the proposed demerger, saying it will not adequately support decarbonisation efforts and therefore wouldn't serve its members' best interests. HESTA said it has engaged with AGL and decided to vote against the demerger. ...

LUCRF Super executive joins Cbus

JAMIE WILLIAMSON  |  WEDNESDAY, 25 MAY 2022
Following its planned merger with AustralianSuper next month, the deputy chief executive of LUCRF Super will join Cbus' leadership team. Antony Thow has been appointed group executive of brand, growth and product, effective July. His appointment follows ...

Rest bolsters operational risk oversight

ELIZABETH FRY  |  FRIDAY, 6 MAY 2022
... After almost 14 years at Deloitte, Jason Foo has joined Rest's investment team to help run operational risk. The industry fund confirmed that Foo was appointed senior manager, operational risk, and compliance, investment management. Foo was a director ...

TWUSUPER chair retires after two decades

JAMIE WILLIAMSON  |  THURSDAY, 5 MAY 2022
The longstanding chair of the $6.5 billion industry fund has stood down, with Nick Sherry appointed to the role. Effective this month, Sherry will lead TWUSUPER's board, drawing on his experience as Australia's first minister for superannuation between ...

The transforming role of the trustee

ANDREW MCKEAN  |  FRIDAY, 29 APR 2022
At the ASFA Conference, HESTA chair Nicola Roxon shared her strong conviction about the role representative trustees have at industry funds. "I think you get incredible insight from these people who are very close to our 400,000 members," she said. ...

Active Super enhances parental leave policy

JAMIE WILLIAMSON  |  TUESDAY, 26 APR 2022
... with the super fund also extending its paid entitlements. In an effort to help bridge the gender super gap, the industry fund will pay primary caregivers SG contributions for up to 12 months on paid and unpaid parental leave. It will also extend parental ...

Cbus hires retirement, product governance leads

JAMIE WILLIAMSON  |  TUESDAY, 26 APR 2022
The industry fund has promoted within to appoint a head of retirement, while a longstanding Equipsuper executive will take on the role of head of product governance. Cbus has promoted Jon Sedawie, its current head of product, to the newly created role ...

Rest simplifies super splitting

ELIZABETH MCARTHUR  |  THURSDAY, 21 APR 2022
Industry fund Rest has adopted a new super splitting method, aimed at making the distribution of superannuation assets simpler for members. Rest's Super Split initiative allows super assets to be split when a member becomes divorced. It includes a new ...