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Showing 441 - 450 of 2292 results for "industry fund"

Damning Rio report to shake mining industry

ELIZABETH MCARTHUR  |  THURSDAY, 10 DEC 2020
... hair belt that linked the site directly to the ancestors of the current traditional owners." HESTA, the $56 billion industry fund for health and community services, was one of the first investors to welcome the report. "The inescapable findings of the ...

Super satisfaction bounces back

ANNABELLE DICKSON  |  THURSDAY, 10 DEC 2020
... Satisfaction with public sector super funds increased 1.3% to 71.5% - the highest satisfaction score of any sector. Industry fund satisfaction rose marginally by 0.4% to 62.5% with Unisuper taking the highest satisfaction rating ahead of Cbus, Hostplus ...

Vision Super increases premiums

ELIZABETH MCARTHUR  |  TUESDAY, 8 DEC 2020
... Vision Super and its group insurer MLC Life have increased the cost of insurance premiums by 17.8%. The $10.3 billion industry fund said that MLC Life had determined the 17.8% increase was required to continue to cover the cost of providing insurance ...

Former Cbus chief takes prime role at AMP Capital

KANIKA SOOD  |  WEDNESDAY, 2 DEC 2020
Industry superannuation fund Cbus's former chief executive David Atkin is joining AMP Capital as its deputy chief executive, effective December 7. "Atkin will assume operational leadership of AMP Capital in an interim capacity until June 2021, while ...

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 ...