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Showing 71 - 80 of 265 results for %22AustralianSuper Plan%22

Super funds boost stake in US toll roads

KARREN VERGARA  |  WEDNESDAY, 23 DEC 2020
AustralianSuper and UniSuper have bolstered their investments in a major road development based on the east coast of the US. Together with the Canada Pension Plan Investment Board (CPP Investments), the superannuation funds will acquire a 50% stake ...

What you read in 2020

JAMIE WILLIAMSON  |  FRIDAY, 18 DEC 2020
... cast doubt over a number of Sargon's subsidiaries, including Madison Financial Group and Diversa Trustees. 4. AustralianSuper ups admin fees (January 22) At the start of the year, Australia's largest super fund informed members they would start ...

FS team picks: The top stories for 2020

ELIZABETH MCARTHUR, KANIKA SOOD  |  THURSDAY, 17 DEC 2020
... members and Financial Standard consistently tracked the flow-on impact to fees. One example that stands out is AustralianSuper upping its admin fees in January, as first revealed by Financial Standard, and reiterated by questioning politicians in Canberra. ...

Funds' net-zero ambitions collide with Santos

ELIZABETH MCARTHUR  |  WEDNESDAY, 2 DEC 2020
... anything, the holding in Santos was likely to have grown a little due to market movements. As at 30 June 2020 AustralianSuper, the country's biggest fund, had just $31 million in Santos. At the same date, Cbus had 0.57% of its Australian shares holdings ...

ERS costs big super funds

ELIZA BAVIN  |  MONDAY, 30 NOV 2020
... highest number of applications received from the ATO have made 3.1 million payments worth a total of $23.2 billion. AustralianSuper leads the pack, having paid out $4.88 billion. This is followed by Sunsuper which has paid $3.57 billion to its members ...

AustralianSuper hires for investment team

KANIKA SOOD  |  TUESDAY, 24 NOV 2020
... three investment directors for its London team. Former VFMC chief investment officer Justin Pascoe, who joined AustralianSuper mid-2019 as a senior portfolio manager, has been promoted to funds deputy head of equities. He is now adding the responsibility ...

AustralianSuper net-zero promise flawed: MarketForces

KANIKA SOOD  |  WEDNESDAY, 18 NOV 2020
... by 2050 fails to "match, let alone improve on" what its peer funds are doing, says MarketForces. Last Thursday, AustralianSuper said it would target net-zero carbon emissions by 2050 to mitigate against the risk of climate change on its portfolio's ...

AustralianSuper backs net-zero emissions

KARREN VERGARA  |  THURSDAY, 12 NOV 2020
AustralianSuper is pledging to achieve net-zero carbon emissions in its investment portfolios and ramping up its commitment to renewables. Following a board meeting in October, the super fund decided it was in members' best interest that it positions ...

Retail super fund scores best customer service nod

KARREN VERGARA  |  FRIDAY, 16 OCT 2020
... superannuation fund has taken the top spot in a comprehensive member satisfaction and experience survey, bumping off AustralianSuper from the top. Colonial First State has regained the top spot in the Forrester Research's 2020 Australia Superannuation ...

MySuper reforms could have downsides

ELIZABETH MCARTHUR  |  FRIDAY, 9 OCT 2020
... funds at odds with ratings agencies which score "team stability" very highly. In May this year, Lonsec downgraded AustralianSuper from recommended to investment grade due to high staff turnover. "There is definitely a challenge for fund managers when ...