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Showing 5401 - 5410 of 18119 results for "superannuation"

Industry fund awards $200mn mandate

HARRISON WORLEY  |  FRIDAY, 25 OCT 2019
A $51 billion industry superannuation fund awarded a $200 million property mandate to Industry Super Property Trust. The HESTA Healthcare Property Trust will invest the amount across Australia's healthcare sector, with the ISPT mandate. The fund ...

Defined benefits robbed women: Kelty

ELIZABETH MCARTHUR  |  FRIDAY, 25 OCT 2019
... in Sydney, former union boss Bill Kelty didn't hold back in expressing his views on the current state of the superannuation system. "My view is the most important thing to working people in Australia is stop all the changes to super, stop this nonsense. ...

Zurich secures mandate from $8b super fund

ELIZA BAVIN  |  FRIDAY, 25 OCT 2019
Zurich has been awarded a group insurance mandate from an industry super fund worth $8 billion. The mandate was awarded by Queensland-based Energy Super and is the first given to the insurer since it acquired OnePath Life in June this year. Head of ...

VicSuper hits sustainability target early

HARRISON WORLEY  |  THURSDAY, 24 OCT 2019
The $24 billion superannuation fund has hit its target to deliver $3 billion in sustainable outcomes a year ahead of schedule. Releasing its annual report earlier this week, VicSuper revealed it reached the "ambitious" target - which represents about ...

Westpac takes $1 billion profit hit

ELIZA BAVIN  |  THURSDAY, 24 OCT 2019
... Financial Group having been reassigned. Insurance operations have been moved into an expanded Consumer division, Superannuation, Investments, Platforms and Private Wealth businesses have been moved into an expanded Business division, and the Advice operations ...

FSC restructures, bolsters policy team

ELIZABETH MCARTHUR  |  WEDNESDAY, 23 OCT 2019
... FSC policy team currently includes Bianca Richardson who is senior policy manager, investments, global markets, superannuation along with Michael Potter in the role of senior policy manager, economics and tax. Nick Kirwan is in the role of policy manager ...

AustralianSuper appoints group executives

KANIKA SOOD  |  WEDNESDAY, 23 OCT 2019
The $170 billion superannuation fund has announced two group executive appointments to newly created roles. Paul Schroder is taking the role of AustralianSuper's chief risk officer. He was most recently the group executive, strategy brand and reputation ...

Disgruntled chief executive wins $2.7million

KANIKA SOOD  |  WEDNESDAY, 23 OCT 2019
... damages for breach of contract for wrongful termination of his employment ($643,100 as 12 months' salary, including superannuation), about $1.4 million (the value of the 365,177 ordinary shares in GBST as at 9 November 2015) and another $121,397 as underpayment ...

WiseTech short could impact super

ELIZABETH MCARTHUR  |  WEDNESDAY, 23 OCT 2019
Several superannuation funds could get caught in the crosshairs after a short report on WiseTech by J Capital has seen shares in the key Australian tech stock plummet. AustralianSuper, for example, has a $4.2 million holding in WiseTech. Australian ...

SMSF scheme sees creator jailed

ELIZA BAVIN  |  WEDNESDAY, 23 OCT 2019
A 51-year-old was found to have unlawfully created, operated and benefitted from a fraudulent self-managed superannuation fund. Kent Nguyen was sentence to three years in prison after pleading guilty to orchestrating an illegal early release of a superannuation ...