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Showing 711 - 720 of 2293 results for "industry fund"

Industry fund changes asset consultant

KANIKA SOOD  |  MONDAY, 29 JUL 2019
A $12 billion industry superannuation fund has appointed a new asset consultant, ending a 17-year relationship with Willis Towers Watson. LGIAsuper has appointed JANA to act as its asset consultant, marking the third of its key external contracts to ...

New investment role at industry fund

ELIZABETH MCARTHUR  |  MONDAY, 22 JUL 2019
A $50.6 billion industry superannuation fund created a new head of investment execution role. HESTA announced Gerard Brown will become head of investment execution, reporting directly to senior leadership at the fund. The role will involve overseeing ...

Industry fund appoints chair

KARREN VERGARA  |  THURSDAY, 18 JUL 2019
A $2.7 billion industry superannuation has welcomed a new chair, as well as a deputy chair. Janet Torney has been appointed chair of Club Plus Super, while Steve Whan is the new deputy chair. Torney takes over from Tara Moriarty, who stepped down after ...

NFP funds dominate group insurance market

KARREN VERGARA  |  THURSDAY, 18 JUL 2019
... for default insurance range from 86% for corporate fund members covered by default death cover, down to 77% for industry fund members and 75% for retail fund members. "This translates into 76% of MySuper product members having death cover through their ...

Industry funds surge ahead in satisfaction

KANIKA SOOD  |  MONDAY, 8 JUL 2019
... financial performance over the last 12 months, according to latest Roy Morgan research. In May last year, 62% of industry fund members said they were very or fairly satisfied with their fund's financial performance while for retail funds, the share was ...

Industry fund to increase premiums

KARREN VERGARA  |  MONDAY, 8 JUL 2019
A $5.6 billion superannuation fund will increase insurance premiums as part of the Protecting Your Super changes after recently reducing costs for members. From 1 August 2019, EISS Super members will pay more for death and TPD cover, and death only ...

ISA condemned by union

ELIZABETH MCARTHUR  |  FRIDAY, 5 JUL 2019
The Electrical Trades Union has condemned Industry Super Australia's recent report on the energy crisis, saying it puts at risk the very people ISA is supposed to represent. The report, Fixing the Energy Crisis, was issued by ISA last week. It makes ...

Industry fund awards $500m mandate

KANIKA SOOD  |  THURSDAY, 4 JUL 2019
An industry superannuation fund has appointed IFM Investors to manage cash and term deposits, as a precursor to an ongoing relationship for its fixed interest assets. Australian Catholic Superannuation & Retirement Fund told Financial Standard it has ...

Hostplus enters merger talks

KANIKA SOOD  |  TUESDAY, 2 JUL 2019
The $43 billion Hostplus is probing the possibility of a merger with another industry fund. Hostplus and the $566 million Club Super have entered into a Memorandum of Understanding to formally pursue discussions and undertake a comprehensive due diligence ...

Reforms see super fees in flux

HARRISON WORLEY  |  MONDAY, 1 JUL 2019
The PYS package, effective today, has forced the sector to consider changes to fee structures and group insurance premiums. With the package set to cap the amount of fees that can be charged to low-balance members and divert low-balance accounts deemed ...