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Showing 331 - 340 of 828 results for "Renewa"

Australian Ethical takes stake in boutique

KARREN VERGARA  |  THURSDAY, 9 DEC 2021
Australian Ethical has acquired a stake in the newly launched Sentient Impact Group, a boutique chaired by former NAB chief Andrew Thorburn. Australian Ethical's minority stake comes to $5.2 million, giving it a non-executive seat on Sentient's ...

IOOF completes platform overhaul

KARREN VERGARA  |  THURSDAY, 9 DEC 2021
The integration of IOOF's legacy superannuation and investments platform has now finalised. Proprietary platform Evolve currently houses more than 55,000 clients and $17.5 billion in funds under management. In total, Evolve has about 275,000 adviser ...

Quinbrook acquires battery storage specialist

JAMIE WILLIAMSON  |  TUESDAY, 7 DEC 2021
Renewable energy infrastructure investor Quinbrook Investment Partners has acquired a UK-based battery storage trading platform. Quinbrook has acquired Habitat Energy, a specialist in battery storage optimisation based in Oxford, UK. It will support ...

Downward fee trend hits ESG

ELIZABETH MCARTHUR  |  MONDAY, 22 NOV 2021
Across asset classes there is significant downward pressure on institutional asset management fees, according to new research from bfinance. The study's key findings include a reduction in the cost of active global equities strategies with ESG requirements ...

MLC to face court over insurance failures

JAMIE WILLIAMSON  |  FRIDAY, 19 NOV 2021
ASIC is suing MLC over insurance failures spanning more than 20 years. The regulator commenced civil penalty proceedings in the Federal Court for insurance policy and service failures that occurred between 1999 and 2020. The action is against MLC Limited ...

Aware Super progresses net zero efforts

ANNABELLE DICKSON  |  MONDAY, 15 NOV 2021
The $140 billion super fund is calling on the private sector to provide transparent information about their emissions reduction targets and net zero pathways as it outlines the progress of its own plan. In Aware Super's inaugural Destination Net Zero ...

Centrepoint partners with Iress

KARREN VERGARA  |  WEDNESDAY, 10 NOV 2021
Two Centrepoint Alliance subsidiaries have adopted Iress' advice fee consent solution. Matrix Planning Solutions and ClearView Financial Advice will be able to capture fee consent for ongoing service fee agreements via Xplan. They join Colonial ...

No proof of member benefit: APRA on super fund spends

JAMIE WILLIAMSON  |  TUESDAY, 26 OCT 2021
APRA has found instances of expenditure by superannuation funds that does not meet the best financial interests of members, including sponsorship deals and advertising spends with no evidence of member benefit. Releasing its review of RSE licensee marketing ...

Future Fund hits $199 billion

ELIZABETH MCARTHUR  |  TUESDAY, 26 OCT 2021
Future Fund's latest portfolio update shows the sovereign wealth fund is just shy of hitting $200 billion. "After the exceptional 22% return in 2020-21, the Future Fund continued to grow in the September 2021 quarter. Delivering a 10-year return of ...

HESTA pushes for net zero legislation

KARREN VERGARA  |  FRIDAY, 22 OCT 2021
The federal government's refusal to commit to net zero by 2050 will lead to Australia losing a massive amount of green foreign investment, superannuation fund HESTA warned. At a recent Investor Group on Climate Change event, HESTA chief executive Debby ...