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Showing 4071 - 4080 of 21908 results for "Fund."

Maritime Super slapped with infringement

ELIZABETH MCARTHUR  |  WEDNESDAY, 27 APR 2022
Maritime Super, which is soon to merge with Hostplus, has been hit with an infringement notice by ASIC over alleged misleading statements to members about its partnership with Hostplus. In a significant event notification and a newsletter sent to members ...

Dexus snaps up Collimate Capital assets

ELIZABETH MCARTHUR  |  WEDNESDAY, 27 APR 2022
AMP Limited has entered into an agreement for the sale of Collimate Capital's real estate and domestic infrastructure equity business to Dexus Funds Management. The sale is for an upfront cash consideration of $250 million. In addition, Dexus will ...

Australian economy outperforms: Austrade

CHLOE WALKER  |  WEDNESDAY, 27 APR 2022
... economy in 2023, according to data highlighted in Austrade's latest report. The data, sourced by the International Monetary Fund (IMF), also suggests that nominal GDP will be around $2.4 trillion. "Australia is home to just 0.3% of the world's population ...

Centuria acquires $115m in assets

CHLOE WALKER  |  WEDNESDAY, 27 APR 2022
Centuria Healthcare Property Fund (CHPF) has secured more than $115 million worth of healthcare real estate, including three assets currently under construction. The fourth asset is a $11.3 million medical centre with a recently executed five-year lease ...

Active Super enhances parental leave policy

JAMIE WILLIAMSON  |  TUESDAY, 26 APR 2022
Employees of Active Super will now receive superannuation guarantee payments for up to 12 months while on parental leave, with the super fund also extending its paid entitlements. In an effort to help bridge the gender super gap, the industry fund will ...

Cbus hires retirement, product governance leads

JAMIE WILLIAMSON  |  TUESDAY, 26 APR 2022
The industry fund has promoted within to appoint a head of retirement, while a longstanding Equipsuper executive will take on the role of head of product governance. Cbus has promoted Jon Sedawie, its current head of product, to the newly created role ...

Retired Aussies deserve more: Household Capital

CHLOE WALKER  |  TUESDAY, 26 APR 2022
The independently owned retirement equity provider has called out superannuation funds to provide more solutions for their members in retirement and aged care. Joshua Funder, Household Capital's chief executive, said that many Australians do not have ...

Six cases brought against Westpac now finalised

JAMIE WILLIAMSON  |  FRIDAY, 22 APR 2022
The six Federal Court cases brought against Westpac by ASIC late last year have been finalised, with the banking giant to pay a total of $113 million in penalties. A decision in the final of the six matters, all overseen by Justice Beach, was handed ...

Hines enters Australian industrial sector

CHLOE WALKER  |  FRIDAY, 22 APR 2022
The global investment firm has purchased a portfolio of four logistics properties in Sydney and Brisbane for a combined $211.5 million from local fund manager Pipeclay Lawson. They will be held by the Hines Asia Property Partners (HAPP) a diversified ...

SMSFA collaborates with APRA on rollover improvements

ANDREW MCKEAN  |  FRIDAY, 22 APR 2022
The SMSF sector has been plagued with delays when rolling over funds from APRA regulated funds to SMSFs, so the industry body is working with the regulator with the hope of improving processes. SMSF Association deputy chief executive and director of ...