The latest issue of Financial Standard now available as an e-newspaper
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|... each superannuation fund's portfolio. It has a special focus on revaluation of unlisted assets, where some funds like Hostplus, UniSuper and AustralianSuper have made their marking down of their values public. All superannuation fund will now have to ...|
|... Another industry super fund has reduced the value of its unlisted assets as the impact of the COVID-19 pandemic worsen. Hostplus has devalued assets within its property and infrastructure portfolios by a range of 7.5%-10% depending on the individual ...|
|Speaking to Financial Standard , Hostplus chief executive David Elia has said it's the super funds with higher average account balances that should be worried about the impact of the early release scheme. Hitting back at public commentary suggesting ...|
|... most Australians, who have met the news that they can access their own savings for this unforeseen crisis with relief." Hostplus responded positively to the decision saying it will streamline the approval process and make it easier for funds and members ...|
|... Link Group is the largest super fund administrator in Australia and provides administrative services to AustralianSuper, Hostplus, MTAA Super and HESTA among others. Mercer head of industry and public sector superannuation Jo-Anne Bloch told Financial ...|
|... COVID-19 shutdown With close to or more than half of their members sitting in the millennial age range, the likes of Hostplus, Club Plus and Rest are likely to be some of those hit hardest by the ongoing COVID-19 pandemic with many, especially those ...|
|... impacted members. With close to or more than half of their members sitting in the millennial age range, the likes of Hostplus, Club Plus and Rest are likely to be some of those hit hardest by the ongoing COVID-19 pandemic with many, especially those ...|
|The $48 billion Hostplus has hired VicSuper's chief investment officer as a co-deputy chief investment officer, to work with Greg Clerk. Andrew Howard led investments at the $25 billion VicSuper, which is currently in the process of merging with First ...|
|... 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 to $4.50 per week. ...|
|... assessments need to take this into account. That's why it's important that women have a voice at the table." Hostplus head of ESG Kim Farrant agreed, arguing diverse leadership teams can generate stronger returns. "Gender equity is important ...|
The corporate watchdog's executive director of wealth management has nabbed a promotion and will now assume the role of ASIC's executive director of financial services.
New research has identified that urgent short-term need for money is the main driver for people withdrawing their superannuation savings under the COVID-19 ERS scheme.
Westpac has agreed to pay a civil penalty of $1.3 billion in relation to its contraventions of the anti-money laundering and counter terrorism laws.
Victorian Funds Management Corporation has welcomed a head of client and market development to its executive team.
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