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Showing 471 - 480 of 2024 results for "Industry super"

MLC Life executive joins AFCA

HARRISON WORLEY  |  FRIDAY, 17 APR 2020
... member of MLC Life's leadership team has been appointed lead ombudsman for investments and advice at AFCA. A former industry super fund has also joined the body as lead ombudsman for superannuation. MLC Life Insurance chief of customer operation Natalie ...

Liquid and ready: Cbus

ALLY SELBY  |  THURSDAY, 16 APR 2020
Cbus chief executive David Atkin says his $56 billion industry super fund is in a strong liquidity position to deal with the early super release scheme. And this was the case even prior to the government's Jobseeker payment announcement, he said. "Cbus ...

APRA-regulated fund or SMSF: It's all the same

ELIZA BAVIN  |  THURSDAY, 16 APR 2020
... mean much when a Black Swan event hits. Since the outbreak of COVID-19 there has been a huge amount of focus on industry super funds. From concerns over liquidity issues, impacts of the Early Release Super scheme and drastically volatile markets, major ...

Tail-risk hedging pays off for super fund

ELIZABETH MCARTHUR  |  THURSDAY, 16 APR 2020
A $10 billion industry superannuation fund has managed to lock in gains from a tail-risk hedging strategy during recent market volatility amid the COVID-19 pandemic. Vision Super has had tail-risk protection in place for its defined benefit plan for ...

ASIC provides relief around early super access advice

JAMIE WILLIAMSON  |  TUESDAY, 14 APR 2020
... advisers, will provide advisers with assurance to continue providing quality advice, she added. Also commenting, Industry Super Australia head of research and campaigns Nick Coates: "This is a sensible and measured expansion of restrictions on intra-fund ...

Industry fund continues investment team expansion

HARRISON WORLEY  |  TUESDAY, 14 APR 2020
A $50 billion industry superannuation fund is pushing ahead with its plans to build an in-house investment capability, appointing a former Victorian Funds Management Corporation portfolio manager to oversee strategic tilting. HESTA has appointed Luke ...

ISA warns Aussies off locking in losses

HARRISON WORLEY  |  TUESDAY, 14 APR 2020
... turmoil caused by COVID-19. Re-using a line from the backing track present in its television commercials for years, Industry Super Australia has launched a new campaign to tell Australians "we're all in this together". Highlighting the concerns held ...

Super funds face penalties over early release failures

ELIZABETH MCARTHUR  |  TUESDAY, 7 APR 2020
... regulators to ensure we help those who need to tap into super now, and protect the long-term interests of all members," Industry Super Australia chief executive Bernie Dean said.

Industry fund appoints union leader

HARRISON WORLEY  |  MONDAY, 6 APR 2020
... Community and Public Sector Union secretary Tom Lynch has been appointed to the board of $10 billion Tasmanian industry super fund Tasplan. The fund confirmed Lynch's appointment to Financial Standard. It comes just weeks after the fund pushed back the ...

Asset devaluation continues

ELIZA BAVIN  |  FRIDAY, 3 APR 2020
Another industry super fund has reduced the value of its unlisted assets as the impact of the COVID-19 pandemic worsen. Hostplus has devalued assets within its property and infrastructure portfolios by a range of 7.5%-10% depending on the individual ...