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Showing 571 - 580 of 2279 results for "Industry fund"

APRA locks in mid-year heat map update

HARRISON WORLEY  |  THURSDAY, 19 MAR 2020
APRA has committed to releasing an updated portion of its controversial MySuper heat map in June to reflect the actions of superannuation trustees over the seven months since its initial release. The prudential regulator is set to release an updated ...

Industry fund awards infrastructure mandate

KANIKA SOOD  |  TUESDAY, 17 MAR 2020
An industry fund has allocated about $27 million to an unlisted infrastructure fund from First Sentier, as it diversifies its portfolio. Christian Super invested €15 million (about $27.4 million) to the First Sentier European Diversified Infrastructure ...

Industry funds a bright spot for advisers

ELIZABETH MCARTHUR  |  MONDAY, 16 MAR 2020
More than 750 financial advisers have left the advice sector in the last three months, but industry superannuation funds are recruiting. In the three months to today, 757 financial advisers have dropped off the ASIC Financial Adviser Register. During ...

Stopping SG is nuclear response to COVID-19

ELIZABETH MCARTHUR  |  THURSDAY, 12 MAR 2020
... out overtime." ISA used the opportunity to remind people that those who moved their money from an average balanced industry fund into cash were $4000 worse off after just three months and would have lost $46,000 over seven years. "It is understandable ...

Super fund slashes fee

ELIZA BAVIN  |  MONDAY, 9 MAR 2020
... Australia's largest superannuation funds has dropped its pension fee by 40%, saving members $156 per year. $48 billion industry fund Hostplus said will drop its pension fee from 1 April 2020, with the change set to reduce fees from $7.50 per week ...

Vanguard insto head jumps to super fund

KANIKA SOOD  |  FRIDAY, 6 MAR 2020
... is committed to delivering the best outcome to members in super, retirement and advice." First State Super is the industry fund for people working in teaching, nursing, caring, and community response and help. The appointment comes a day after First ...

QIC names new head of global private capital

KANIKA SOOD  |  FRIDAY, 6 MAR 2020
... global private capital team was set up in 2005 and managed over $6.8 billion, as at last March. Its clients include industry fund REST which in 2018, handed it a $500 million private equity mandate The unit is one of QIC's four areas of investment, the ...

First State Super and WA Super in merger talks

ELIZABETH MCARTHUR  |  WEDNESDAY, 4 MAR 2020
... share and leverage each other's services to deliver even better outcomes for members. First State Super is the industry fund for teachers, nurses and carers and WA Super is the default fund for local government employees in Western Australia. First ...

Industry fund winds up infrastructure option

JAMIE WILLIAMSON  |  TUESDAY, 3 MAR 2020
A $6.5 billion industry superannuation fund is closing its unlisted infrastructure investment option due to lack of scale. Following a review of its offering, Media Super recently notified members it is closing its unlisted infrastructure option on ...

TCorp launches new bond

ALLY SELBY  |  THURSDAY, 27 FEB 2020
... specialist Diana Callebaut as its head of real assets. Formerly, Callebaut headed infrastructure at $54 billion industry fund Cbus. TCorp currently has $108 billion in funds under management. It is the central borrowing authority for NSW, with a balance ...