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Showing 51 - 60 of 508 results for %22Local Government Super%22

Labor won't support YFYS Bill in current form

KANIKA SOOD  |  FRIDAY, 30 APR 2021
... for the reforms, incorporating two of the many demands from the industry: inclusion of administration fees and unlisted local assets in the performance benchmarking. However, the government is still sticking to other contested measures such as July 1 ...

Institutional mandates shrink

KANIKA SOOD  |  FRIDAY, 23 APR 2021
Local institutional investors appointed 313 mandates totaling $43 billion in 2020, down from $51 billion the year before, according to Rainmaker's latest Mandate Chaser report. State Street was the biggest winner in institutional mandates in 2020 ...

Cairns women disadvantaged by super gender gap

KARREN VERGARA  |  MONDAY, 12 APR 2021
... said. ISA chief executive Bernie Dean said: "It is time we bridged the gender gap in super - if Cairns' MPs don't act now local women's savings will keep falling further behind." "Government MPs Warren Entsch have a simple choice he can fight to deliver ...

Industry fund appoints property mandate

ANNABELLE DICKSON  |  MONDAY, 22 MAR 2021
... worth of projects in the region over the past 30 years and developed long-standing relationships with the community and local supply chain," Cottam said. Cbus Property previously flagged the development last year and said one of its tenants will be the ...

Crescent Foundation partnership to mentor refugees

ANNABELLE DICKSON  |  MONDAY, 15 MAR 2021
... research showed only 17% of refugees have secure paid employment. The barriers to obtaining employment include a lack of local work experience and networks and lack of knowledge of workplace culture and systems. Crescent Foundation chair Bob Carr said ...

LGS names deputy chair, director

ANNABELLE DICKSON  |  TUESDAY, 9 MAR 2021
The mayor of Penrith has taken on the role of deputy chair of the $12 billion Local Government Super, following the resignation of Bruce Miller. Miller was first appointed to the board in July 2011 and was a member of the governance, remuneration and ...

Industry fund reviews DB payments

KARREN VERGARA  |  TUESDAY, 2 MAR 2021
... benefit fund that were potentially paid incorrectly. Statewide Super's Salarylink, a defined benefit fund for local government workers, is investigating the accuracy of salary data provided by councils. A joint statement provided by Local Government ...

UK pension fund fossil fuel investments laid bare

JAMIE WILLIAMSON  |  THURSDAY, 25 FEB 2021
... Platform, Friends of the Earth (England, Wales and Northern Ireland) and Friends of the Earth Scotland reveals UK local government pensions held $14 billion in fossil fuel investments last financial year. The analysis said it equates to about $2500 invested ...

Challenger wins $200m mandate

KANIKA SOOD  |  MONDAY, 15 FEB 2021
Challenger has scored a $200 million mandate in indexed global equities from an industry fund. Local Government Super, which manages $12 billion in retirement savings for current and former New South Wales government employees, picked Challenger for ...

Super industry to fill China investment gap

ELIZA BAVIN  |  FRIDAY, 15 JAN 2021
... inject large amounts of money into Australian infrastructure. "Industry funds are poised to spend more than $33 billion on local infrastructure and property investments in the years ahead," Linden said. "Funds invest in local infrastructure not only ...