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| | | The $120 billion industry super fund has announced it will divest $40 million of its equity portfolio, including its indexed exposures, from thermal coal miners from October and will reduce greenhouse gas emissions in its listed equities exposures by ... |
| | | | ... Pensions," Asher said in the recently-published dialogue paper titled: Developing the Retirement Income Framework. "While not likely to be popular, there is potentially a case for compulsory partial allocation of some members' superannuation to lifetime ... |
| | | | ... in a professional services firm," he said. "For me this was an important change in mindset and a long term decision, where not only did the numbers have to stack-up, but also my values were aligned and I enjoyed working there. "I look forward to this ... |
| | | | ... majority of products fail to outperform the benchmark on an after fees basis and noted that choosing an active manager is not a "straightforward" task. "Over the years there have been many different methodologies, including mixing a variety of active ... |
| | | | ... the services PMI (47.1) and the composite PMI (47.7) have also recovered from their April lows, 13.4 and 13.8, respectively. Not surprisingly, the FTSE-100 has also recovered. The benchmark index has rallied by 23.3% from the nine-month low recorded ... |
| | | | The US Department of Financial Services (DFS) has hit Deutsche Bank with a US$150 million penalty for the bank's relationship with disgraced financier Jeffrey Epstein. This marks the first enforcement action by a regulator against a financial institution ... |
| | | | Equity Trustees has nabbed an industry super fund's interim chief investment officer as an independent director on two of its superannuation boards. George Zielinski has been appointed as an independent director on the boards of Equity Trustees ... |
| | | | ... Release of Super payments surged around $7 billion in the first week of July, according to Treasury estimates, but this may not be a reason to panic. Treasury estimates a further $7 billion was wiped from super funds as the second tranche of applications ... |
| | | | ... securities (AGS) is on target, the central bank is prepared to step in to ensure stability. "Given these developments, the bank has not purchased government bonds for some time, with total purchases to date of around $50 billion," RBA governor Philip ... |
| | | | ... As it now turns out, Ms van Diemen was also prescient, stressing that "It gets out of control very, very quickly... this is not over". So it did..."get out of control" and "very, very quickly. Victoria's infection tally jumped from nil on the 8th ... |
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