Future Fund, QIC acquire interest in Victoria’s EastLink toll road
The Future Fund and QIC have acquired an interest in the EastLink toll road network sold by New Zealand Superannuation Fund and Teachers Insurance and Annuity Association of America, advised by its investment advisor Nuveen Infrastructure.
June 06, 2024
HESTA appoints general manager of strategic planning
Health industry fund HESTA has appointed Alissa Knight to the newly created role of general manager strategic planning, effective from 11 June.
June 06, 2024
Court finds Active Super made misleading claims over ESG and Russian investments
The Federal Court found that Active Super has made misleading claims about ESG and Russian investments in its website, reports and disclosure documents, in a case brought forward by ASIC amid the regulator’s increasing focus on greenwashing.
June 05, 2024
Equity Trustees hit with APRA fine over data reporting failure
APRA has fined Equity Trustees $782,500 for failing to meet its legal obligations to report data to the regulator.
June 05, 2024
Retirees keen to support children, but not at the cost of their lifestyle
More than two in three Australians aged 65 and over said they were unwilling to compromise their retirement lifestyle to provide financial assistance for their children, according to a AMP research.
June 03, 2024
Super Members Council appoints inaugural chair
The Super Members Council has appointed business leader Ann Sherry as its chair, replacing interim chair Nicola Roxon who will continue to serve on the SMC board as a nominee of HESTA.
June 03, 2024
HESTA sees increasing member interest in digital tools
Health industry fund HESTA said its members are increasingly adopting digital tools for retirement planning purposes.
June 03, 2024
Mercer Super hit with additional licence conditions
APRA has ordered Mercer Super to meet additional licence conditions after “risk management and compliance management deficiencies” were identified by the regulator.
May 28, 2024
Aware Super wins top categories at Chant West Awards
Aware Super has taken home ‘super fund of the year’ and ‘pension fund of the year’ titles at the Chant West Awards 2024.
May 23, 2024
Two directors to depart Rest
Sally Evans and Julia Fox are set to depart the profit-for-member super fund on 31 July and 26 May, respectively.
May 22, 2024
Mine Super, TWUSUPER bump merger completion to 2025
Mine Super and TWUSUPER have completed the first phase of their merger, though the completion date has been pushed out to early 2025 “to focus on a smooth transition”.
May 21, 2024
Link Group rebrands after successful MUFG acquisition
Link Group has rebranded to MUFG Pension & Market Services after its acquisition by Mitsubishi UFJ Trust & Banking Corporation was successfully implemented.
May 16, 2024
