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Showing 281 - 290 of 9356 results for "Benefit"

FES Super to no longer supplement returns in default

JAMIE WILLIAMSON  |  FRIDAY, 13 FEB 2026
... performance test." Given there is no money in the reserve, there will be no direct or practical impact on members. Defined benefit accounts are also not impacted as they're calculated independent of volatility in returns. In FY25, the option returned ...

Nuveen takes over Schroders for $20bn

KARREN VERGARA  |  FRIDAY, 13 FEB 2026
TIAA's Nuveen will acquire UK fund manager Schroders for $20 billion (£9.9bn) to create a $3.5 trillion (US$2.5tn) powerhouse. Nuveen has nearly $2 trillion (US$1.4tn) in assets under management, while Schroders has $1.6 trillion (US$1.1tn). Schroders ...

Legalsuper makes additions to leadership team

JAMIE WILLIAMSON  |  THURSDAY, 12 FEB 2026
... that regulators, governments, and members are placing greater emphasis on outcomes, transparency, and demonstrable member benefit in addition to consistent, strong and sustainable investment performance, embedding member-centricity into the highest levels ...

ASIC inquiry an 'inflection' point for ASX: Lofthouse

MATTHEW WAI  |  THURSDAY, 12 FEB 2026
Although posting strong revenue growth in the six months to December end, the ASX's total expenses for FY26 are expected to balloon as a result of ASIC's inquiry over its governance, capability, risk management frameworks. ASX posted revenue growth ...

ESSSuper welcomes new board chair

JAMIE WILLIAMSON  |  TUESDAY, 10 FEB 2026
ESSSuper has elected a new board president and chair following the end of a 10-year tenure by Joan Fitzpatrick. Fitzpatrick became president and chair in February 2016, with ESSSuper saying that since she "brought deep expertise and calm authority to ...

Commonwealth Super Corp to consolidate legacy IT systems

MATTHEW WAI  |  MONDAY, 9 FEB 2026
... able to lodge or update digital applications, including insurance claims or beneficiary updates. Upgrades for Defined Benefit schemes will be included in the second stage of the transition but the timeline for that is currently unclear. CSC said it has ...

Federated Hermes enters local wholesale market

ANGELIQUE MINAS  |  MONDAY, 9 FEB 2026
Marking its entry into the Australian wholesale investor market, Federated Hermes has launched a global trade finance fund. As a feeder fund, it invests in an AUD-denominated share class of the Federated Hermes Project and Trade Finance Master Fund ...

KKR splashes $603m on HMC platform

KARREN VERGARA  |  FRIDAY, 6 FEB 2026
Global private equity firm KKR is injecting $603 million into HMC's Energy Transition Platform, marking its second climate-related investment in Australia. The commitment will last seven years and is expected to generate a 14% p.a. return. It will be ...

Rapid AI adoption leads to heightened private market engagement: Nuveen

MATTHEW WAI  |  THURSDAY, 5 FEB 2026
With almost all institutional investors leaning into artificial intelligence (AI) in some form, they're also driving capital into private infrastructure investments, including data centre buildouts powering AI growth, a survey found. Nuveen's annual ...

Member governed super boards deliver more: SMC

JAMIE WILLIAMSON  |  WEDNESDAY, 4 FEB 2026
... members' interests at its very heart," SMC chief executive Misha Schubert said. "These funds exist for one reason only - to benefit their members. The representative governance model delivers diversity in insights, lived experience, skills and expertise ...