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Showing 1 - 10 of 1956 results for "Industry super"

Cbus advice lead jumps to Aware

ELIZABETH FRY  |  FRIDAY, 6 SEP 2024
After three and a half years at the industry superannuation fund for construction and building workers, Lynda Cross has joined Aware Super as head of guidance. Reporting to Peter Hogg, general manager of guidance and advice, Cross will lead the super ...

APRA alleges First Super co-chair breached director duties

JAMIE WILLIAMSON  |  FRIDAY, 6 SEP 2024
First Super co-chair Michael O'Connor has stepped down following allegations by APRA that he breached his duties as a director in relation to a contract between the fund and the Construction, Forestry and Maritime Employees Union (CFMEU). In addition ...

Rest hires two general managers

JAMIE WILLIAMSON  |  THURSDAY, 5 SEP 2024
The $86 billion industry super fund has added two general managers to its leadership, one to look after strategy and the other to oversee data and insights. Rest said the appointments were made with its strategy to simplify the super experience in mind. ...

J.P. Morgan lands custody services mandate with industry fund

ANDREW MCKEAN  |  THURSDAY, 29 AUG 2024
... replacing NAB Asset Servicing. The investment bank said that it's completed the transition of the $13.8 billion industry super fund, which is set to merge with Active Super on 1 March 2025. The combined fund will control over $29 billion in assets and ...

APRA reorganises as it sets sights on superannuation

ELIZA BAVIN  |  WEDNESDAY, 28 AUG 2024
The Australian Prudential Regulation Authority (APRA) has published its latest corporate plan as well as some changes to its internal structure. The corporate plan outlines how the regulator will maintain the "strength and stability of Australia's banks ...

ISPT, IFM Investors merger advances

KARREN VERGARA  |  TUESDAY, 27 AUG 2024
... coming months," a joint statement issued by the organisations said. The merger was first flagged in mid-2023. The industry super fund-owned IFM Investors and ISPT said at the time that a potential merger recognises they have complementary businesses ...

CFMEU fallout stokes governance debate

ANDREW MCKEAN  |  MONDAY, 12 AUG 2024
The ongoing scandal surrounding the Construction, Forestry, and Maritime Employees Union (CFMEU) has called into question the governance settings within the industry superannuation fund sector, with some suggesting boards no longer require - or benefit ...

IFM, ASX-listed firms bet on renewable fuels

KARREN VERGARA  |  TUESDAY, 30 JUL 2024
... are proud to support this significant step in developing a SAF industry right here in Australia." "Alongside our industry super partners, we have been working closely with the government to identify ways to accelerate investment in Australia's energy ...

AustralianSuper, HESTA acquire majority stake in housing developer

ANDREW MCKEAN  |  TUESDAY, 23 JUL 2024
... stable, long-term returns through large-scale housing investments across Australia. The new company, backed by the industry super fund giants, was born from the merger of affordable housing investment manager Super Housing Partnerships and home developer ...

REI Super returns 9.34% in FY24

JAMIE WILLIAMSON  |  WEDNESDAY, 17 JUL 2024
The real estate industry super fund's MySuper option returned 9.34% last financial year. The results come as it launches a new growth investment option. REI Super chief executive Jarrod Coysh described the fund's performance for the year as a great ...
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