REST MySuper returns 8.67pc in FY24
Retail workers industry fund REST has posted an 8.67 per cent return for its default MySuper product in the 2024 financial year. The product has had a 6.97 per cent return per annum in the past decade.
July 02, 2024
MetLife Foundation offers $115k grant to First Nations Foundation
First Nations Foundation has received $155,000 (US$100,000) from MetLife Foundation to continue strengthening the financial knowledge of First Nations women.
July 02, 2024
AMP Foundation appoints Alexis George as chair
AMP chief executive Alexis George has been appointed chair of the AMP Foundation, a corporate foundation working with individuals and social enterprises.
June 27, 2024
ASFA welcomes NALE amendments
The Association of Superannuation Funds of Australia has welcomed amendments to the way the non arm’s length expense (NALE) rules apply to large superannuation funds, passed by Parliament yesterday.
June 26, 2024
AustralianSuper-backed ‘built-to-rent-to-own’ project completes
Australia’s first super-backed ‘built-to-rent-to-own’ (BTRTO) developed has been completed in Melbourne’s Kensington area with the first batch of residents set to move in.
June 24, 2024
TAL appoints successor to Brett Clark
Life insurer TAL has appointed Fiona Macgregor as the new group CEO and managing director, filling in the position made empty by Brett Clark’s promotion to CEO and managing director of Dai-ichi Life Group, TAL’s parent company.
June 18, 2024
Cbus appoints chief risk officer
Cbus Super has appointed Martha Georgiou as chief risk officer.
June 18, 2024
Singaporean sovereign fund invests in Betashares
Singapore-headquartered Temasek entered a binding agreement with Australian ETF provider Betashares to invest up to $300 million.
June 17, 2024
Brighter Super selects State Street as custodian and administrator
State Street has become the custodian and administrator of the $30 billion Brighter Super.
June 11, 2024
NZ Super appoints acting CIO
The Guardians of Kiwi sovereign fund NZ Super has appointed Alex Bacchus as acting chief investment officer amid Stephen Gilmore’s departure to CalPERS.
June 07, 2024
NZ Super selects Northern Trust to provide data solutions
Northern Trust has expanded its relationship with the NZ Super Fund to provide data services via its Data Warehouse Solutions offering.
June 06, 2024
