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|Search Results||Showing 1 - 10 of 49 results for "LGIAsuper"|
|LGIAsuper and Energy Super will proceed with a merger that is set to finalise as early as 1 July 2021. The board of the two Queensland-based superannuation funds have signed a binding heads of agreement following a two-and-a-half month due diligence ...|
|A $13 billion superannuation fund has slashed its administration fees by a third. LGIAsuper members will pay less administration fees - from $1.50 per week or $78 per year to $1 a week or $52 per year starting this month. LGIAsuper chief executive Kate ...|
|... which included reducing exposure to property and global shares and introducing a new asset class. As of November 1, LGIAsuper reduced its exposure to property, traditional bonds and international shares, and increased allocations to infrastructure, cash ...|
|... memorandum of understanding to explore a merger which could create a $20 billion superannuation fund. Energy Super and LGIAsuper will commence due diligence on an exclusive basis, to vet if a merger will be in the best interest of both funds' members. ...|
|A $12 billion Queensland industry fund has appointed a new director to its board, as an employee director leaves. LGIAsuper is adding Greg Hallam, who was the chief executive of the Local Government Association of Queensland for 26 years. His directorship ...|
|LGIAsuper has recorded a 14.67% return from its ISQ Infrastructure fund in its latest quarterly figures. The fund is operated by global infrastructure interment manager I Squared Capital (ISQ) and LGIAsuper has invested around $368 million. The relationship ...|
|... superannuation funds, the property options ended FY20 mostly flat but unit pricing has ticked up since earlier in the year. LGIASuper, which applied its downward valuation to its property option on April 21 sending the daily earning rate to -4.17, ended ...|
|At a virtual round table hosted by QIC the chief investment officers of AustralianSuper, LGIAsuper and more defended allocations to illiquid assets. Following weeks of scrutiny over potential liquidity issues facing super funds, the chief investments ...|
|... the value of its property and infrastructure in response to COVID-19, joining AustralianSuper, UniSuper and Hostplus. LGIAsuper reduced the valuation of its property portfolio by 5% and infrastructure portfolio by 3%. The changes translate to a -1% reduction ...|
|... fund have committed to a 10% decrease in their remuneration until at least June 30 as the COVID-19 pandemic rolls on. LGIAsuper will fund the 10% pay cut through the executives' and directors' annual leave entitlements. The changes will be reviewed ...|
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Willis Towers Watson (WTW) has announced a new head of retirement for Australasia as Brad Jeffrey retires after serving 40 years with the company.
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Perpetual Investment Management has appointed a new custodian, replacing RBC Investor and Treasury Services following its exit from the Australian market.
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Zenith Investment Partners has partnered with MSCI to enhance the delivery of institutional-grade portfolio analysis, service scalability, insights and reporting to its managed account portfolio clients.
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The neobank has become the first Australian bank to return its customer deposits after it withdrew its banking products and announced the return of its authorised deposit-taking institution (ADI) licence.
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