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Search ResultsShowing 1 - 10 of 100+ results for Elizabeth McArthur
Robeco extends exclusions
ELIZABETH MCARTHUR  |  FRIDAY, 25 SEP 2020
Robeco announced it will now exclude investments in thermal coal, oil sands and Arctic drilling from all its mutual funds. The manager said the decision is an important step in its sustainable investing approach. Companies that derive 25% or more of ...
MLC cuts fees, commissions
ELIZABETH MCARTHUR  |  FRIDAY, 25 SEP 2020
MLC has cut fees and commissions on its platform for MLC MasterKey Investment Service and MLC MasterKey Unit Trust. For MLC MasterKey Investment Service the administration fee on the cash fund will reduce from 0.81% to 0.55%. The admin fee for the MLC ...
La Trobe completes half billion issuance
ELIZABETH MCARTHUR  |  FRIDAY, 25 SEP 2020
Blackstone owned La Trobe Financial has completed a $500 million residential mortgage backed security (RMBS) issuance. "We are pleased with the pricing this transaction achieved in a market that continues to carry significant uncertainty," La Trobe ...
AMP Capital Ethical Leaders loses another mandate
ELIZABETH MCARTHUR  |  THURSDAY, 24 SEP 2020
A third superannuation fund in mere months has terminated its mandate with AMP Capital to manage to its ethical investment option. ESSSuper, the $30 billion government fund for the emergency services, terminated AMP Capital Ethical Leaders Balanced ...
MLC Wealth risk lead departs
ELIZABETH MCARTHUR  |  WEDNESDAY, 23 SEP 2020
A chief risk officer at MLC Wealth has departed the business, with an acting chief appointed for the interim. Julia Pryor finished in her role as acting chief risk officer for the retirement and investment solutions and platforms division at MLC Wealth ...
817 super complaints during COVID-19
ELIZABETH MCARTHUR  |  WEDNESDAY, 23 SEP 2020
The Australian Financial Complaints Authority has revealed the breakdown of what was complained about between 3 March 2020 and 31 August 2020. Superannuation complaints were dwarfed by other industries with just 817 of the 7420 total. Travel insurance ...
Ethical super fund overhauls fees
ELIZABETH MCARTHUR  |  TUESDAY, 22 SEP 2020
An ethical superannuation fund which targets young, socially aware people has overhauled its investment and administration fees. Cruelty Free Super will change its fees from 1 October 2020, in a move that the fund says should lower the cost over all ...
Cbus chief technology officer departs
ELIZABETH MCARTHUR  |  MONDAY, 21 SEP 2020
Cbus' chief technology officer has left the fund, taking up a role with the AFL. Rob Pickering had been chief technology officer and digital officer at Cbus for almost three years. "Rob Pickering will be leaving Cbus in mid-October. We thank him ...
End of Super Complaints Tribunal nears
ELIZABETH MCARTHUR  |  MONDAY, 21 SEP 2020
The Superannuation Complaints Tribunal (SCT) will cease to exist at the end of this year, with the Australian Financial Complaints Tribunal (AFCA) seeking to handle any remaining complaints currently with the SCT. AFCA has opened consultation on changing ...
CSIRO contractor in crypto scam
ELIZABETH MCARTHUR  |  MONDAY, 21 SEP 2020
A CSIRO contractor has been sentenced over fraudulent behaviour after he used the organisation's servers and supercomputers to carry out cryptocurrency mining. He was caught out after the CSIRO noticed serious impairment of its computing infrastructure ...
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