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Showing 411 - 420 of 886 results for "FOS"

NAB accused of greenwashing

ELIZABETH MCARTHUR  |  TUESDAY, 19 NOV 2019
National Australia Bank has been accused in no uncertain terms of greenwashing. Activist group Market Forces said NAB's new climate policy, released as part of its latest Sustainability Report, is "little more than greenwash and a recipe for climate ...

IOOF divests Perennial Value

ELIZABETH MCARTHUR  |  FRIDAY, 11 OCT 2019
IOOF has divested its equity stake in Perennial Value Management, with senior executives of the firm acquiring its interest. IOOF had a 52.4% equity interest in Perennial but 42.4% voting rights and dividend entitlements. IOOF said in a statement that ...

BlackRock Australia rejigs multi-asset range

KANIKA SOOD  |  THURSDAY, 10 OCT 2019
Two popular multi-asset funds from BlackRock Australia are getting an ESG makeover, effective end of this month. BlackRock kicked off its "Scientific Diversified" range over 20 years ago, and currently offers them in stable and growth versions. They ...

State Super to sponsor retirement income research

HARRISON WORLEY  |  WEDNESDAY, 9 OCT 2019
Celebrating its 100-year anniversary, the $44 billion superannuation fund will award scholarships for research into improving future retirement incomes. At an event at the New South Wales State Library in Sydney last night, State Super announced the ...

AMP, HESTA, Hostplus lose out in ratings

STAFF WRITER  |  THURSDAY, 26 SEP 2019
The Ethical Advisers' Co-op has re-released its fund ratings in the lead up to Ethical Investment Week, with some surprising results. The co-op rates superannuation and investment funds by asking the individual advisers that make up the group to ...

Super funds recognised in UNPRI awards

KRISTI CHENG  |  WEDNESDAY, 11 SEP 2019
A number of Australian superannuation funds have been recognised for their responsible investing efforts by the UNPRI. The inaugural PRI Awards have been presented, highlighting individually excellent projects across the United Nations-backed Principles ...

Industry fund adds to investment team

KANIKA SOOD  |  MONDAY, 9 SEP 2019
A $9 billion industry fund has hired its first ESG lead on its investment team as it ramps up efforts in the area. Australian Catholic Superannuation Retirement Fund has hired Louise Bradshaw from Eaton Vance who will be responsible for setting the ...

Climate policy more than divesting: UniSuper

HARRISON WORLEY  |  TUESDAY, 27 AUG 2019
Discussing the impact of climate change on super funds at the FSC Summit this morning, UniSuper chief investment officer John Pearce has said simply divesting certain holdings is not an effective strategy. Appearing on a panel discussing the investment ...

PPS Mutual bolsters leadership

ELIZABETH MCARTHUR  |  FRIDAY, 16 AUG 2019
Specialist insurer PPS Mutual announced two senior appointments from ANZ Wealth and Asteron Life. Steve Salter has been appointed state manager for Western Australia and South Australia and David Lowe steps into a senior underwriter position. Salter ...

Super trustees to formulate whistleblower policies

KARREN VERGARA  |  MONDAY, 12 AUG 2019
The corporate regulator is expecting superannuation trustees to have whistleblower policies in place 1 January 2020. ASIC is broadening the whistleblower regime introduced on 1 July 2019 in an effort to reform to the corporate sector. It is proposing ...