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Showing 3361 - 3370 of 20552 results for "BEN"

QIC appoints chief investment officer

KANIKA SOOD  |  WEDNESDAY, 1 SEP 2021
QIC has appointed a new chief investment officer for its $58 billion state investments team, as the incumbent retires. Allison Hill succeeds Jim Christensen who is retiring after five years with the firm. Hill joined QIC in January 2018 after working ...

Fidelity moves into SMAs

ANNABELLE DICKSON  |  WEDNESDAY, 1 SEP 2021
Fidelity International has entered the managed accounts space with the launch of its first separately managed account (SMA) with an actively managed Australian equity model. The SMA is managed by Fidelity Australian Opportunities Fund portfolio manager ...

HESTA defines perfect merger partner

ANNABELLE DICKSON  |  TUESDAY, 31 AUG 2021
For any super funds eyeing the $64 billion industry fund as a potential merger partner, its chief investment officer has outlined the criteria they'd have to meet. Sonia Sawtell-Rickson appeared in a session at the Australian Institute of Superannuation ...

Mergers don't always lead to scale benefits: Barry

ANNABELLE DICKSON  |  TUESDAY, 31 AUG 2021
There is a misunderstanding that superannuation fund mergers will automatically lead to scale benefits for members, according to Spirit Super's chief investment officer. Speaking at the Australian Institute of Superannuation Trustees (AIST) ASI ...

Rest streamlines asset classes

JAMIE WILLIAMSON  |  TUESDAY, 31 AUG 2021
In a move to better align itself to the Your Future, Your Super benchmarks, the $62 billion industry superannuation fund is changing the way it categorises its investment options, shifting from 11 asset classes to seven 'mega asset classes'. ...

CFS drops admin fees on FirstChoice Employer Super

KANIKA SOOD  |  TUESDAY, 31 AUG 2021
Colonial First State yesterday said it will drop the administration fees on its FirstChoice Employer Super products from, ahead of the Your Future, Your Super test results today. Effective October, CFS will charge FirstChoice Employer customers 30bps ...

Binance Australia appoints chief executive

ELIZABETH MCARTHUR  |  TUESDAY, 31 AUG 2021
Cryptocurrency exchange Binance has appointed a chief executive for Australia. Leigh Travers, former DigitalX chief executive and director, has joined Binance in the lead role. DigitalX is an ASX listed blockchain technology company, where Travers had ...

Equip strengthens executive team

JAMIE WILLIAMSON  |  TUESDAY, 31 AUG 2021
Industry super fund Equip is adding to its executive lineup, appointing an executive officer of growth and employer relations. Previously head of growth, Charlie Yanni has been promoted to the executive team. Similar to his prior role, in the new position ...

Results out: 13 funds fail YFYS performance test

KANIKA SOOD  |  TUESDAY, 31 AUG 2021
Big names like Colonial First State's FirstChoice, BT Super and Christian Super are among the 13 superannuation funds that failed APRA's inaugural performance test. In all, APRA tested 76 MySuper products in this round, of which 13 failed. This ...

Consumer group slams super self-assessments

ELIZABETH MCARTHUR  |  MONDAY, 30 AUG 2021
Super Consumers Australia has slammed super funds' member outcomes assessments (MOAs), finding several funds claiming to be acting in members' best interests even when fees are high and performance is lacklustre. Super Consumers Australia looked ...