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Showing 581 - 590 of 2292 results for "industry fund"

Super funds revalue unlisted assets

HARRISON WORLEY  |  WEDNESDAY, 25 MAR 2020
... monitor the outlook and ensure valuations remain fair." But the nation's largest fund isn't alone. The $86 billion industry fund UniSuper has also been forced into a revision of its unlisted asset values, with the fund confirming its unlisted property ...

Industry fund boss exits

HARRISON WORLEY  |  TUESDAY, 24 MAR 2020
The chief executive of a $6 billion industry superannuation fund is stepping down, with his successor named. Graeme Russell will walk away from the top job at Media Super on April 6, after more than seven years with the industry super fund. Russell ...

Australia to lean on super

HARRISON WORLEY  |  MONDAY, 23 MAR 2020
The superannuation sector has been called on to act as a key pillar in Australia's response to the COVID-19 pandemic, with the early release of super a central tenet of the government's new policy initiatives. The government's latest suite ...

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 ...