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Showing 281 - 290 of 1784 results for "strength."

David Elmslie steps down as Hostplus chair

JAMIE WILLIAMSON  |  MONDAY, 4 JUL 2022
After 15 years at the helm of the fund's board, David Elmslie has been replaced by former QIC chief executive Damien Frawley. Elmslie's term came to an end on Friday, June 30. He was first appointed chair of Hostplus in 2007. At that time, Hostplus ...

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 ...

Mason Stevens hires interim head of fixed income

ELIZABETH FRY  |  FRIDAY, 17 JUN 2022
Mason Stevens has hired Andrew Baume as interim head of fixed income, pending the outcome of a search for a top fixed income investment professional. Baume will report to investment chief Jacqueline Fernley. He replaces Jesse Imer who recently joined ...

Fair Work Commission raises minimum wage 5.2%

CASSANDRA BALDINI  |  WEDNESDAY, 15 JUN 2022
The Fair Work Commission has today announced a 5.2% increase to the minimum wage which will come into effect from July. The Fair Work Commission has announced that the new minimum wage will be $812.60 per week or $21.38 per hour. The commission panel ...

The ongoing evolution of super: Scheerlinck

JAMIE WILLIAMSON  |  TUESDAY, 14 JUN 2022
The Australian Institute of Superannuation Trustees' ASI Conference has returned as a live event for the first time since 2019, with Eva Scheerlinck reflecting on how far the industry has come as it celebrates the 30 th anniversary of the Superannuation ...

HESTA, Mercy Super look to merge

JAMIE WILLIAMSON  |  TUESDAY, 14 JUN 2022
HESTA and Mercy Super are planning to undertake a successor fund transfer by the end of the year. Mercy Super said the merger has been strategically planned for some time. If it goes ahead, the merger would bring HESTA's funds under management to ...

Active Super, Vision Super mull merger

ANDREW MCKEAN  |  THURSDAY, 9 JUN 2022
Active Super and Vision Super have signed a Memorandum of Understanding (MOU) to explore a potential merger. Both parties will undertake due diligence to determine whether a merger is likely to be in the best financial interests of members of both funds. ...

Banks flag imminent consecutive double rate rises

ANDREW MCKEAN  |  WEDNESDAY, 8 JUN 2022
Commonwealth Bank and Westpac economists have predicted the Reserve Bank of Australia (RBA) to bump up official rates to 1.35% when it next meets in July; NAB and ANZ believe there will be another double hike in the next two months. Quickly following ...

Pendal launches new charitable investment vehicle

CHLOE WALKER  |  MONDAY, 6 JUN 2022
Pendal has teamed up with Investment Giving Australia to launch a new product in the Australian market that will allow investors to pass fund distributions on to charity. The launch of Investment Giving will offer investors the opportunity to direct ...

ASX names new managing director

CASSANDRA BALDINI  |  THURSDAY, 2 JUN 2022
Helen Lofthouse will be the first female to hold the position of managing director and chief executive at the bourse. Lofthouse joined the ASX in 2015 as a member of the executive leadership team and replaces Dominic Stevens who was appointed in 2016. ...