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Showing 1 - 10 of 655 results for "HESTA"

HESTA names general manager of retirement

MATTHEW WAI  |  FRIDAY, 6 DEC 2024
HESTA has named a general manager of retirement as 14% of its members get ready to retire in the next five years. Shannon O'Shea has been appointed to the role. She was previously general manager, new business and growth enablement, a position she ...

Prime Super refreshes executive lineup

ELIZABETH FRY  |  FRIDAY, 29 NOV 2024
... servicing and market-facing teams under one umbrella to serve members more efficiently. Former AMP head of retail sales and HESTA head of growth Tim Mitchell-Adams will lead this function as general manager of member growth and propositions. Mitchell-Adams ...

Super funds 'playing to their strengths' in private markets

ELIZA BAVIN  |  WEDNESDAY, 27 NOV 2024
... around out-of-cycle valuation triggers are receiving increased attention." A recent example of this came just this month when HESTA agreed to make payments to two cohorts of members impacted by valuation decisions make by the fund in March 2020. HESTA ...

HESTA to pay members impacted by COVID revaluations

ELIZA BAVIN  |  TUESDAY, 19 NOV 2024
HESTA has agreed to make payments to two cohorts of members impacted by valuation decisions made by the fund in March 2020. APRA said in March 2020, HESTA made downwards adjustments to five single sector Choice options invested in unlisted assets but ...

HESTA red flags MinRes for governance failures

ANDREW MCKEAN  |  FRIDAY, 8 NOV 2024
HESTA chief executive Debby Blakey has said the super fund has been engaging directly with MinRes regarding its recent governance failures and "remains disappointed" with the company's responses. "Our concerns include that the managing director's ...

GROW Inc. chief executive steps down

JAMIE WILLIAMSON  |  FRIDAY, 1 NOV 2024
... industry verticals, including the ETF registry space. It has since amassed several super funds as clients, including Vanguard, HESTA, and NGS Super. It also services T. Rowe Price, Citibank, and Platinum. Having just finalised the transition of Australian ...

Retail super funds spend big on advice

KARREN VERGARA  |  FRIDAY, 1 NOV 2024
... activity-based advice fees. Industry funds spent the most on intra-fund advice with ART leading the pack at $17.7 million. HESTA ($12.4m), Aware Super ($10.7m), Cbus ($8.7m), UniSuper ($5.9m), Rest ($5.2m), and AustralianSuper ($4.2m) followed suit. ...

Cole puts funds on notice as expenditure data is revealed

ELIZA BAVIN  |  WEDNESDAY, 30 OCT 2024
APRA has published the in-depth data on super funds' expenditure from marketing costs and payments to industrial bodies to spending on member services, as the regulator puts a spotlight on how member money is being spent. AustralianSuper had the ...

Mandate appointments sink to new lows

ANDREW MCKEAN  |  THURSDAY, 17 OCT 2024
... ever," Rainmaker said. The super funds that awarded the most mandates in the year to June 2024 were Rest (15), Hostplus (11), HESTA (7), Cbus (5), and BUSSQ (5). By asset class, most of these mandates were for alternatives and international equities. ...

HESTA snags AMP head of compliance

MATTHEW WAI  |  TUESDAY, 1 OCT 2024
HESTA has named a general manager, compliance, recruiting the head of risk and compliance from AMP's superannuation business. Tim Pietsch has taken on the role and brings extensive experience across the financial services sector to the fold. He joins ...
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