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Showing 611 - 620 of 3242 results for "Employee"

CalPERS names new chief investment officer

JAMIE WILLIAMSON  |  WEDNESDAY, 23 FEB 2022
After almost 18 months of searching, California Public Employees' Pension Retirement System has appointed its new chief investment officer. Following an extensive search, Nicole Musicco has been named in the role, leading the US$500 billion pension ...

CalPERS, CalSTRS face fossil fuels ban

JAMIE WILLIAMSON  |  MONDAY, 21 FEB 2022
... climate goals, "we are also unfortunately faced with the contradictory and incongruent fact that our state's two largest employee pension funds use their enormous investment power to finance the very companies that are driving climate change". The press ...

Mixed results for Netwealth

CHLOE WALKER  |  THURSDAY, 17 FEB 2022
... maintain its "scalability and service levels" as the company grows rapidly. This increased spend resulted in a 32% rise in employee benefit spend, mostly resulting from Netwealth adding more than 80 staff members. Funds under administration (FUA) grew ...

CFA Institute says focus on culture

ELIZABETH MCARTHUR  |  TUESDAY, 15 FEB 2022
A new report from the CFA Institute has found that the culture of investment organisations often constrains innovation. The report, titled The future of work in investment management: changing organisational cultures, offered a series of recommendations ...

CDPP dumps ANZ cartel case

KARREN VERGARA  |  MONDAY, 14 FEB 2022
The Commonwealth Director of Public Prosecutions has dropped all charges against the criminal cartel case involving the issue of ANZ shares. Last week, the CDPP withdrew charges against the remaining defendants, Citigroup Global Markets Australia, Deutsche ...

$450 super threshold scrapped

JAMIE WILLIAMSON  |  FRIDAY, 11 FEB 2022
... estimated 300,000 people who earn less than $450 a month, primarily women. The threshold currently stands even if an employee earns more than $450 in a month, but the income is derived from more than one part-time or casual job. As such, the removal ...

Mine unions pressure funds over Rio

ELIZABETH MCARTHUR  |  FRIDAY, 11 FEB 2022
Mining unions are applying pressure to super funds over alleged bullying and harassment at Rio Tinto revealed in a recent report. The Western Mine Workers' Alliance (WMWA), an agreement between the Australian Workers' Union (AWU) and the Mining and ...

AMIST criticised for SPC investment

ELIZABETH MCARTHUR  |  THURSDAY, 10 FEB 2022
... a 2020 decision handed down by the South Australian Employment Tribunal, OTR was ordered to pay almost $65,000 to one employee who was made to work without any pay. The magistrate overseeing the case found OTR had deliberately exploited the vulnerable ...

Inflation hitting retiree budgets: ASFA

CHLOE WALKER  |  THURSDAY, 10 FEB 2022
Australian retirees' budgets are under threat by the rise of everyday living expenses, according to findings from the Association of Superannuation Funds of Australia (ASFA). ASFA's Retirement Standard for the December 2021 quarter indicates ...

HESTA impact lead goes it alone

JAMIE WILLIAMSON  |  TUESDAY, 1 FEB 2022
HESTA's head of impact Mary Delahunty has established her own consultancy firm focused on authenticity in ESG. Seven Advisory is Delahunty's new venture, leaving behind her role at the $66 billion industry fund after almost four years. In a ...