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Showing 431 - 440 of 2278 results for "Industry fund"

ERS costs big super funds

ELIZA BAVIN  |  MONDAY, 30 NOV 2020
... also paid out considerable sums. Hospitality fund Hostplus has plaid over $3 billion to members and construction industry fund Cbus has paid $2.26 billion. Qantas Superannuation Plan, which took a large initial hit as airlines were forced to stay grounded ...

Aware Super cuts carbon emissions by 40%

ELIZABETH MCARTHUR  |  THURSDAY, 26 NOV 2020
... largest super fund has managed to reduce the carbon footprint of its equities portfolio by 40%. The $130 billion industry fund (formerly First State Super) has created a series of new listed equities benchmarks that will support the fund's goal of net ...

Industry fund shifts service functions to Link

KARREN VERGARA  |  WEDNESDAY, 25 NOV 2020
A major industry superannuation fund has outsourced all of its service centre functions to Link Group. From 1 March 2021, Hostplus' contact centre, communications, complaints and employer servicing functions will transition to Link Group and housed ...

Retail superannuation funds grilled on member priorities

KARREN VERGARA  |  TUESDAY, 24 NOV 2020
... notion: "How does a for-profit fund adhere to the best financial interests duty? This is straightforward for an industry fund because there's no overarching owner who's taking profit out of the fund." He asked Victoria Weekes, the chair of ANZ's ...

SMSFs are cost-effective, deliver for members

KARREN VERGARA  |  MONDAY, 23 NOV 2020
New research suggests that self-managed super funds are giving retail and industry funds a run for their money in terms of fees and returns. Joint research by the SMSF Association and Rice Warner found SMSFs with $200,000 or more are cost competitive ...

Pinnacle boutique wins super fund mandate

KANIKA SOOD  |  MONDAY, 23 NOV 2020
An industry fund has awarded $170 million to an emerging markets strategy from Pinnacle's latest boutique partner. Aikya Investment Management will manage the amount in its global emerging markets strategy for legalsuper, which has been revising ...

Super fund joins climate initiative

ANNABELLE DICKSON  |  MONDAY, 23 NOV 2020
A $54 billion industry fund, a mining company and a professional services firm have joined an initiative to tackle emissions in supply chains by 2050. Cbus, Fortescue Metal Group and Aurecon have signed on to the Australian Industry Energy Transitions ...

Labor, unions, industry funds seethe

ELIZABETH MCARTHUR  |  FRIDAY, 20 NOV 2020
The opposition party, Industry Super Australia (ISA) and unions have criticised the Retirement Income Review and say the super guarantee (SG) must rise. Labor leader Anthony Albanese said the government is looking for excuses to break its promises. ...

Cbus appoints new technology chief

ELIZABETH MCARTHUR  |  FRIDAY, 20 NOV 2020
The $54 billion industry fund has appointed a new chief information technology officer, joining the fund from Latitude Financial. Mirella Robinson has joined the fund, replacing Rob Pickering who Financial Standard reported departed the fund in September. ...

Industry fund names new group insurer

JAMIE WILLIAMSON  |  THURSDAY, 19 NOV 2020
... longstanding relationship with OnePath, naming a new group insurer to take over in the New Year. The $9 billion industry fund said it undertook a comprehensive review and tender process, which has resulted in OnePath losing the group insurance mandate ...