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Showing 31 - 40 of 110 results for may hesta

VFMC hires State Super investments chief

KANIKA SOOD  |  FRIDAY, 30 OCT 2020
... strategy, portfolio construction, risk management, and investment management across global listed and unlisted asset classes. In May, VFMC promoted Michael Stavropoulos from senior portfolio manager to head of equities. The hire came as its former head ...

Super funds accused of chest beating on climate change

ELIZABETH MCARTHUR  |  WEDNESDAY, 16 SEP 2020
... industry superannuation funds have this week made bold statements about their stance on climate change, but critics argue it may be "virtue signalling" with little substance. UniSuper announced this week it is committed to achieving net zero absolute ...

HESTA advocates for change post Rio blast

ANNABELLE DICKSON  |  THURSDAY, 27 AUG 2020
... determine who has access to it. "Investors expect companies to think strategically about future opportunities and risks that may impact their businesses. Likewise, they should also be thinking about how changing societal expectations may impact their ...

Industry super accused of misleading consumers

ELIZABETH MCARTHUR  |  THURSDAY, 16 JUL 2020
... term 'retail super' the paid advertisements that appears is for the Retail Employees Superannuation Trust (REST), HESTA, cbus and First State appear. Googling 'retail superannuation' advertisements for HESTA and First State appear again ...

Super fund satisfaction mixed, SMSFs unhappy

ELIZABETH MCARTHUR  |  TUESDAY, 14 JUL 2020
... latest insights from Roy Morgan, with its Superannuation Satisfaction Report showing an overall satisfaction rating of 63.6% in May. While this is down 0.9% on the previous month, it's an increase of 2.9% on the same time last year. The findings are ...

APRA heatmap sees members save on fees

JAMIE WILLIAMSON  |  TUESDAY, 30 JUN 2020
... Although member outcomes can't be measured on one factor alone - and superior member services or investment performance may sometimes justify higher fees - trustees should remember that MySuper products are designed to be simple and cost-effective," ...

Few funds immune to ERS

ELIZABETH MCARTHUR  |  THURSDAY, 14 MAY 2020
... significant volumes of early release applications. Australia's largest fund, AustralianSuper, had paid out $763 million by May 3 and has hit $1 billion since. Sunsuper had paid $784 million by May 3. Hostplus and Rest were not far behind on $661 million ...

APRA releases fund-level ERS data

JAMIE WILLIAMSON  |  MONDAY, 11 MAY 2020
... with 96% of requests being met within five business days. However, several funds have taken far longer. APRA's figures to May 3 show 830,000 payments were made totalling $6.3 billion in the second week of the scheme. The average payment was $7629 ...

Link feels impact of COVID-19

JAMIE WILLIAMSON  |  FRIDAY, 8 MAY 2020
... leadership team. In a presentation to the Macquarie Australian Investors Conference yesterday, Link Group said that as at May 5 it had processed $3.65 billion payments for about half a million super fund members. As a result, about 5.4% of the payments ...

Adequacy argument headlines online CMSF

HARRISON WORLEY  |  TUESDAY, 21 APR 2020
... running online. The AIST is hoping to have more than 24 hours' worth of content available for attendees to view by the end of May. Speaking before the first session, AIST chief executive Eva Scheerlinck said the event needed to adapt to the health concerns ...