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Showing 41 - 50 of 233 results for "NGS"

Unlisted asset valuation practices under review

JAMIE WILLIAMSON  |  THURSDAY, 1 FEB 2024
... analysis, request remediation plans, and consider enforcement action." An example of this was the regulator's action against NGS Super in December, slapping the $14 billion super fund with additional licence conditions following a cyber-attack in March ...

NGS Super finds new administrator

KARREN VERGARA  |  WEDNESDAY, 17 JAN 2024
NGS Super has selected a new administrator to replace Mercer, which has been providing its services for 14 years. Following a review of the $14 billion super fund's administration operating model in February 2023, NGS Super chose G​ROW Inc ​(GROW)​​ ...

What you read in 2023

JAMIE WILLIAMSON  |  FRIDAY, 15 DEC 2023
... attention. That said, just as in years gone by, there was still plenty of drama for AMP and, perhaps in a sign of things to come, NGS Super's unfortunate cyber-attack also made for big news. As we leave you with the year's top stories, the Financial ...

Vale John Quessy

ANDREW MCKEAN  |  TUESDAY, 12 DEC 2023
Former NGS Super trustee director and Independent Education Union (IEU) secretary John Quessy has passed away. Quessy served as a director and alternative director for nearly 20 years at the industry fund, until he retired this year. "Our heartfelt ...

'Significant deficiencies' lead APRA to act against NGS Super

JAMIE WILLIAMSON  |  FRIDAY, 8 DEC 2023
... Standard, on March 17 the super fund's systems were compromised in a cyber-attack, with "some limited data" accessed. NGS was adamant its systems were only accessed for a short period. At the time, NGS Super said its network was shut down immediately ...

NGS Super launches retirement savings strategy

CASSANDRA BALDINI  |  WEDNESDAY, 1 NOV 2023
NGS Super has launched its Easy Default offering which aims to help members manage savings while hitting retirement income objectives. Easy Default can be established on either the NGS Income Account or the Transition to Retirement Account. When the ...

FEAL appoints NGS Super chief to board

CASSANDRA BALDINI  |  FRIDAY, 29 SEP 2023
The Fund Executives Association (FEAL) has appointed NGS Super chief executive Natalie Previtera to its board. Previtera will replace director and board chair Jo Townsend effective September 30, who is stepping down from the position consistent with ...

Rainmaker names ESG leader super funds

RACHEL ALEMBAKIS  |  FRIDAY, 29 SEP 2023
... performance. Australian Ethical, AustralianSuper, Aware Super, CareSuper, Cbus Super, GESB Superannuation, HESTA, Hostplus, NGS Super, Prime Super, Rest Super, Spirit Super, State Super (NSW), TelstraSuper and UniSuper were all acknowledged for their ...

NGS Super to debut retirement income product

KARREN VERGARA  |  MONDAY, 11 SEP 2023
NGS Super is set to launch a new retirement product this November in a bid to help decumulation phase members retire with confidence. NGS Super chief executive Natalie Previtera told Financial Standard that the $14.2 billion superannuation fund will ...

NGS ahead of schedule on net zero strategy

RACHEL ALEMBAKIS  |  FRIDAY, 28 JUL 2023
NGS Super is making faster-than-expected progress towards its goal of achieving a carbon neutral portfolio by 2030. Measurement of carbon intensity in the NGS Diversified MySuper portfolio fell by nearly 20% between 30 June 2021 and 30 June 2022, around ...