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Showing 371 - 380 of 1161 results for "Pension fund"

Pension fund giant cuts BHP

KANIKA SOOD  |  THURSDAY, 9 MAY 2019
BHP Group is among several companies a $106 billion international pension fund has excluded from its investment universe as it aims to rid its portfolio of coal. Norway's Kommunal Landspensjonskasse (KLP) took the decision to divest almost $520,000 ...

Members dismiss intra-fund advice: Poll

KARREN VERGARA  |  MONDAY, 29 APR 2019
... strategy, it might not be allowed to collectively charge members for advice, unless the advice is given for a related pension fund and is not ongoing. "Superannuation trustees should carefully consider whether they can collectively charge for certain ...

Pension fund acquires telco

ELIZABETH MCARTHUR  |  FRIDAY, 26 APR 2019
The Universities Superannuation Scheme, a UK pension scheme with over £50 billion under management, is acquiring a large telecommunications company. KCOM has agreed to a £504 million cash takeover that would see the Universities Superannuation Scheme ...

HESTA joins ESG social media fight

ELIZABETH MCARTHUR  |  WEDNESDAY, 24 APR 2019
The $50 billion industry superannuation fund has joined a high profile group of international investors applying pressure to social media giants following the Christchurch terror attacks. HESTA announced it joined the campaign to force social media ...

Aussie instos among most responsible investors

HARRISON WORLEY  |  WEDNESDAY, 24 APR 2019
Two major Australian institutional investors are among the world's most responsible asset allocators, according to a new report. AustralianSuper and Victoria Funds Management Corporation were recognised for their commitment to responsible long-term ...

IFM Investors to open new Europe office

KANIKA SOOD  |  TUESDAY, 26 MAR 2019
The $120 billion fund manager is gearing up to open a new European office in the next six months, no matter which way the Brexit deal goes. IFM Investors already has offices in the UK, Berlin and Switzerland. Chief executive Brett Himbury told Financial ...

Challenger super fund names advisory board

JAMIE WILLIAMSON  |  THURSDAY, 21 MAR 2019
... and retirement at AMP, and also held the role of director, customer value. He was most recently chief executive of pension fund communications firm AHC where he drove the growth and expansion of its pension engagement business. Alpin Advisory managing ...

QIC acquires European airport stake

KANIKA SOOD  |  MONDAY, 18 MAR 2019
... a European airport. The APG-QIC consortium transaction sees the Brisbane-based alternatives manager and the Dutch pension fund investor take a 16.8% interest in the Brussels airport. The consortium also consists of Swiss Life. The seller is also Australian ...

Swiss group acquires stake in local wealth firm

KANIKA SOOD  |  THURSDAY, 14 MAR 2019
... plans to leverage EFG's funds business, specifically the New Capital Funds in an effort to penetrate the Australian pension fund market," Shaw and Partners said. Additionally, the Aussie firm will work towards a longer-term project of rolling out a private ...

UK pension funds to be hit hard over negligence

HARRISON WORLEY  |  WEDNESDAY, 13 MAR 2019
The UK Government wants to up the ante on pension fund bosses who endanger worker's retirement savings. Under a new proposal from the UK Government, bosses would face up to seven years in jail for endangering the retirement savings of their workers ...