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Showing 7001 - 7010 of 22796 results for "Funds"

QSuper, Sunsuper not committed to merger

HARRISON WORLEY  |  FRIDAY, 22 NOV 2019
... fielded questions from Committee chair and Liberal MP Tim Wilson over the potential arrangement between the two Queensland funds. Asked if QSuper was strictly seeking a merger with its Queensland counterpart, Pennisi was non-committal, and said the term ...

IFM to spend $25bn on Aussie infrastructure

KANIKA SOOD  |  FRIDAY, 22 NOV 2019
... infrastructure," IFM Investors chief executive Brett Himbury said. "The responsible stewardship of these assets by industry super funds and their partners protects and grows the retirement savings of members. These investments are an investment in the ...

Tropical theme Ponzi scheme busted

ELIZA BAVIN  |  FRIDAY, 22 NOV 2019
... fiduciaries and knowingly misappropriating investor assets by diverting them to pay other investors and transferring the funds to themselves. The defendants, who operated the "Amazing Profits Group", said the companies, called Palm Management and Shore ...

Mental health costs insurers $750m per year

ELIZA BAVIN  |  FRIDAY, 22 NOV 2019
... paying out $750 million per year for primary cause of claim being mental health," Lydon said. "The other element for super funds is that if people are in good work they are typically functioning well and are therefore contributing to their super. So ...

Complexity equals risk: IOOF chief

HARRISON WORLEY  |  THURSDAY, 21 NOV 2019
... Asked by Labor MP Daniel Mulino whether IOOF's super business had a more complex structure than other superannuation funds, Mota agreed, and said the firm was moving towards a simpler structure to reduce cost and risk. "Organisations like ours have ...

Cbus, UniSuper back new housing bond

KANIKA SOOD  |  THURSDAY, 21 NOV 2019
... chief executive Nathan Dal Bon said: "NHFIC is very pleased with the strong level of demand from both local superannuation funds and offshore investors for its bonds and to see CHPs from around Australia benefitting from NHFIC's finance." "Super funds ...

Industry fund swaps small caps managers

KANIKA SOOD  |  THURSDAY, 21 NOV 2019
... replacement, the fund appointed RealIndex Investments to manage about $180 million in small caps. The fund has $10.2 billion in funds under management. Of this about $1.9 billion is in Australian shares, $2.5 billion in international shares, $1.2 billion ...

Underperformers should not be allowed new members: Silk

HARRISON WORLEY  |  THURSDAY, 21 NOV 2019
... even choose - a persistently underperforming fund," Silk said. Such a move would essentially mean underperforming super funds could not onboard any new members. Silk added APRA's recently unveiled MySuper heatmaps were a good idea conceptually. He said ...

Super Fund of the Year named

ELIZA BAVIN, JAMIE WILLIAMSON  |  THURSDAY, 21 NOV 2019
... deal of personal and professional pride in this recognition." "My hope is that we continue to work really hard in our own funds but also together to keep improving things for members and also so we can ensure that we have a really fit for purpose system ...

Insto investors confused by environmental equities

ELIZABETH MCARTHUR  |  WEDNESDAY, 20 NOV 2019
... good idea but it's not easy to help them see what job it does or how to fit it in in terms of allocation." Most pension funds and super funds that invest with Impax, he said, assess environmental equities as a satellite to global equities. "Pension funds ...