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Showing 311 - 320 of 886 results for "FOS"

AMP loses default KiwiSaver mandate

ELIZABETH MCARTHUR  |  FRIDAY, 14 MAY 2021
The New Zealand government's review of default KiwiSaver providers has resulted in AMP not being reappointed. New Zealand's default retirement savings scheme KiwiSaver works by having a network of default providers which manage client money in balanced ...

Rest offers extra parental leave

KARREN VERGARA  |  TUESDAY, 11 MAY 2021
Rest has increased its parental leave for employees who work full time or part time. Eligible employees can now claim 16 weeks of paid parental leave instead of the 14 weeks previously available can be taken flexibly during a 12-month period. Rest chief ...

First Sentier launches ESG debt strategy

JAMIE WILLIAMSON  |  FRIDAY, 30 APR 2021
First Sentier Investors is leveraging MUFG Bank's strengths in ESG financing for a new private debt capability that will initially focus on providing loans to the renewable energy sector. Officially launching today, First Sentier's sustainable ...

Rest launches low-cost SRI option

JAMIE WILLIAMSON  |  TUESDAY, 20 APR 2021
The $59 billion super fund has launched the responsible investment option Financial Standard revealed it was working on late last year, introducing one of the lowest cost SRI vehicles in the market. Rest's 1.7 million members will now have access to ...

JANA chief investment officer resigns

ELIZABETH MCARTHUR  |  TUESDAY, 20 APR 2021
After 23 years with JANA, chief investment officer Steven Carew has resigned. He announced he would leave the firm in December 2021 to pursue other interests. A replacement for Carew has not yet been announced, with JANA saying it will use the remaining ...

Climate change worse than pandemic: UK regulator

JAMIE WILLIAMSON  |  THURSDAY, 8 APR 2021
The chief executive of the UK's Pensions Regulator believes climate change will be more catastrophic to populations' way of life than the COVID-19 pandemic if no action is taken. The comments came as The Pensions Regulator chief executive Charles ...

Super fund ups stake in renewable company

KARREN VERGARA  |  FRIDAY, 26 MAR 2021
A $55 billion super fund has upped its stake into renewable energy company Powering Australian Renewables (PowAR) for an undisclosed figure. Hostplus has increased its investments in PowAR, which operates wind and solar generation. The super fund said ...

Northern Trust launches green strategy

ANNABELLE DICKSON  |  THURSDAY, 25 MAR 2021
Northern Trust Asset Management has established a sustainable world green transition index strategy for Australian and New Zealand investors, as it builds out its sustainable investment offering. The NT World Green Transition Index fund is founded on ...

APAC lagging on net zero goal: Survey

ELIZA BAVIN  |  TUESDAY, 23 MAR 2021
A new survey has revealed the APAC region is lagging behind the rest of the world when it comes to setting clear goals to reach a net-zero carbon emissions target. The survey, published by Robeco, found while the number of investors that have already ...

Cbus awards $240m mandate

ELIZABETH MCARTHUR  |  THURSDAY, 18 MAR 2021
The $60 billion industry super fund for the construction and building sectors has announced a new $240 million mandate. Impax Asset Management has been awarded the mandate in a move focused on investing in opportunities arising from the transition away ...