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|According to recent data from the Workplace Gender Equality Agency, women hold 14.6% of chair positions, 28.1% of directorships and represent 18.3% of chief executives and 32.5% of key management personnel. Perhaps most concerning of all, only 0.4% ...|
|Challenger's multi-boutique business has partnered with a Japanese asset management giant in a two-way relationship. Nomura Asset Management, which has over $500 billion in assets under management, will support Fidante's Japanese ambitions. Fidante ...|
|Mercer Australia has committed to achieve net-zero carbon emissions by 2050 for its Australian funds and the Mercer-managed investment options within Mercer Super. This represents a combined $36.4 billion in assets under management as at 31 December ...|
|Equipsuper has kicked off another successor fund transfer with an 83-year-old corporate superannuation fund that has more than $680 million of assets. BOC Super will merge into the $16 billion superannuation fund after its trustee determined that the ...|
|Aware Super is exploring the possibility of merging with a 63-year-old industry superannuation fund. Aware Super has signed a Memorandum of Understanding with the Victorian Independent Schools Superannuation Fund (VISSF), looking into whether a merger ...|
|A former BT Life Insurance head of product and sales has taken on the role, following the resignation of Andrew Tobin last year . Rachel Grimes spent over 20 years at Westpac in several senior finance roles including director of mergers and acquisitions ...|
|The $140 billion superannuation fund is changing its MySuper lifecycle option from two stages to 11. About 85% of Aware Super's accumulation members are in the MySuper lifecycle option. It was one of the first superannuation funds to move its default ...|
|The competition watchdog has accelerated merger activity in the superannuation sector in its sights as it becomes increasingly concerned about lack of competition in financial services. Australian Competition and Consumer Commission (ACCC) chair Rod ...|
|A $2.3 billion government fund has announced that its chief executive of 13 years is departing, with a replacement from a merging industry fund stepping into the role. Michelle Wade has resigned from AvSuper after 13 years leading the fund. She will ...|
|Public sector superannuation fund members have come out as the most satisfied across all sectors, according to new research. Roy Morgan's latest Superannuation Satisfaction Report revealed member satisfaction in public sector funds reached a high ...|
Rest has appointed a new general manager of superannuation and retirement solutions, hiring from NGS Super.
The US is betting that a combination of the stimulus package and COVID-19 vaccinations will lead to full economic recovery by the end of the year, according to a leading economist.
Challenger's multi-boutique business has partnered with a Japanese asset management giant in a two-way relationship.
ASIC has hit financial advisers with the news that levies will increase by the equivalent of 160% over two years, with industry bodies outraged.
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