Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 21 - 30 of 159 results for "Statewide"

Loomis Sayles wins super fund mandate

KARREN VERGARA  |  FRIDAY, 14 MAY 2021
An industry superannuation fund awarded a $180 million mandate to Loomis, Sayles & Company. Statewide Super appointed Loomis Sayles for an asset-backed securitised strategy aiming to achieve returns of cash plus 2% to 3%. Based in Boston, Loomis Sayles ...

Statewide not contesting ASIC allegations

KANIKA SOOD  |  MONDAY, 10 MAY 2021
... administration of group insurance policies. O n March 4, the corporate regulator commenced civil penalty proceedings against Statewide alleging it had been misleading or deceptive in its correspondence with members for about three years between May 2017 ...

Two Aussie CIOs on top 100 list

KANIKA SOOD  |  FRIDAY, 16 APR 2021
... investment officers made the annual Power 100 list published by Chief Investment Officer. Con Michalakis, who has been Statewide Super's chief investment officer since 2008, was on the list alongside $171 billion Future Fund's Sue Brake. "Michalakis ...

ASIC pursues criminal charges in super

JAMIE WILLIAMSON  |  WEDNESDAY, 10 MAR 2021
... investigations. Addressing the AFR Business Summit, ASIC deputy chair Karen Chester said its recent actions against Rest and Statewide Super are just the tip of the iceberg when it comes to ASIC's pipeline of non-Royal Commission-related superannuation ...

Women-led super funds outperform

KARREN VERGARA  |  MONDAY, 8 MAR 2021
... outperformed in the three years to FY20. Figure 1 highlights the 13 funds: Tasplan, Vision Super, Media Super, Cbus, Statewide Super, CareSuper, Commonwealth Superannuation Corporation, BUSSQ, legalsuper, Club Plus, TelstraSuper, ESSSuper and REI Super. ...

ASIC takes Statewide Super to court

JAMIE WILLIAMSON  |  THURSDAY, 4 MAR 2021
Just days after taking action against Rest, ASIC has alleged Statewide Super charged insurance premiums to members who didn't hold group cover. ASIC has commenced Federal Court proceedings against the South Australia-based industry superannuation ...

Industry fund reviews DB payments

KARREN VERGARA  |  TUESDAY, 2 MAR 2021
... reviewing salary and superannuation benefit payments within its defined benefit fund that were potentially paid incorrectly. Statewide Super's Salarylink, a defined benefit fund for local government workers, is investigating the accuracy of salary data ...

Statewide warns of cold calls to members

ELIZA BAVIN  |  MONDAY, 15 FEB 2021
Statewide Super has warned community members about financial services organisations making unsolicited phone calls, offering high-cost financial advice and unrealistic return promises. The caution comes after one of its long-term members received an ...

Super funds back COVID-19 preventative drug

KARREN VERGARA  |  THURSDAY, 7 JAN 2021
... is developing a nasal spray that claims to prevent COVID-19 and the common cold. AustralianSuper, HESTA, Hostplus and Statewide Super have joined forces with CSL, a venture capital fund and universities to fund medical research conducted by Melbourne-based ...

Super fund targets homegrown opportunities

KARREN VERGARA  |  FRIDAY, 1 JAN 2021
... Australian businesses that will create investment opportunities and jobs growth, two superannuation fund experts predict. Statewide Super chief executive Tony D'Alessandro and chief investment officer Con Michalakis see several silver linings from ...