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Showing 391 - 400 of 2024 results for "Industry super"

ISPT writes down assets

JAMIE WILLIAMSON  |  THURSDAY, 10 SEP 2020
Industry Super Property Trust has spoken of the substantial devaluations a recent review of its holdings resulted in, as it processes about 1400 requests for rental relief. Appearing before the House of Representatives Standing Committee on Economics ...

First State Super makes first take-private bid

ALLY SELBY  |  WEDNESDAY, 9 SEP 2020
... listed telco, in what comes as the super fund's first direct bid for an ASX-listed company. The $95 billion industry super fund has made a bid to acquire OptiComm, a fibre optic cable company that competes with NBN Co, servicing new residential housing ...

Super funds to face parliamentary grilling

ELIZA BAVIN  |  WEDNESDAY, 9 SEP 2020
... names set to front the committee in the hearings tomorrow which will start at 10am (AEST) and go till 4:45pm. ISPT, Industry Super Holdings and Mine Super are also amongst those listed and will face the committee tomorrow via video conference. Chair ...

First Super executive departs

ALLY SELBY  |  MONDAY, 7 SEP 2020
... executive manager of member and employer services has stepped down from his role, after just over a year with the industry super fund. Brad Weldon departed First Super last week, noting on LinkedIn he was leaving to focus on his health. "While I am leaving ...

Industry funds pledge $33bn for economy

ELIZA BAVIN  |  MONDAY, 7 SEP 2020
Industry super funds have announced a $33 billion pipeline to stimulate business activity and help restore the economy, according to Industry Super Australia. ISA said the capital expenditure was identified as part of a survey of industry super funds ...

ERS to lead to rising pension costs, higher taxes

ALLY SELBY  |  WEDNESDAY, 2 SEP 2020
Industry Super Australia has slammed the government's early release of superannuation scheme, arguing it will significantly increase the long-term Age Pension costs borne by taxpayers. Total retirement incomes will be substantially lower, it said, while ...

HESTA partners for global equities

JAMIE WILLIAMSON  |  MONDAY, 31 AUG 2020
... Management will become the underlying investment manager for a new global equities portfolio for the $52 billion industry super fund. This is in addition to the Global Emerging Markets portfolio Martin Currie has managed since 2014. Key to the new portfolio ...

Liberal senator slams super

ELIZA BAVIN  |  FRIDAY, 28 AUG 2020
... us today. All with their little red books, bobbling their heads to every command issued by their big brother - industry super funds, run by unions," Rennick said. He went on to criticise $40 billion in superannuation management fees and a similar amount ...

CareSuper awards custody mandate

ALLY SELBY  |  WEDNESDAY, 19 AUG 2020
NAB Asset Servicing has lost its custody mandate for CareSuper after more than 20 years with the industry superannuation fund. CareSuper has appointed J.P. Morgan as custodian of the $16 billion fund, having proven itself to be "the most suitable custodian ...

ISA, Grattan find common ground

ELIZA BAVIN  |  TUESDAY, 11 AUG 2020
Industry Super Australia has found some common ground with the Grattan Institute in regards to its report on the effects of the government's Early Release of Super (ERS) scheme. Part of Grattan's modelling found that millions who accessed the COVID-19 ...