Federated Hermes establishes partnership with GASP
Investment manager Federated Hermes has partnered with The Global Alliance for a Sustainable Planet (GASP) in the leadup to COP28 in the United Arab Emirates.
CFS Edge adds Morningstar managed accounts
Colonial First State (CFS) has expanded investment choices on its CFS Edge platform with a range of managed accounts from Morningstar.
Senate’s new super inquiry sets scene for election fight
NSW Coalition Senator Andrew Bragg says the latest parliamentary inquiry into the superannuation system will be partly used to debate the merits of retirement savings being put towards home ownership. In a wide-ranging interview with Investment Magazine, the outspoken critic of the sector also conceded funds were right to take climate risk seriously, bucking the trend of some centre-right politicians.
Fund trustees directing members to retirement solutions is the missing link
As Treasury releases its discussion paper on regulation of the retirement phase, David Bell and Geoff Warren of The Conexus Institute argue that an affordable trustee-directed mechanism should be facilitated so that all super fund members can receive some retirement guidance.
Govt floats YFYS, MySuper-style regulatory regime for retirement
The federal government is considering introducing a YFYS equivalent package for super funds’ retirement products in a discussion paper released on Monday to ramp up the industry’s commitment to retirement outcomes.
Cbus CEO Kristian Fok on why CIOs can’t be ‘shy petals’
Construction industry super fund Cbus overhauled its executive team structure earlier this year, marking the first major organisational change made by CIO-turned-CEO Kristian Fok. He told the Fiduciary Investors Symposium it was a natural progression and that these days the roles of CEO and CIO are not worlds apart.
AustralianSuper wins Origin Energy campaign
Shareholders in ASX-listed Origin Energy have rejected a takeover bid by a consortium led by private equity giants Brookfield and EIG.
Rest appoints CFO
Rest has appointed John O’Sullivan as its chief financial officer, after he led the division during the recruitment process.
Integro Private Wealth makes pair of appointments
Western Australian advice Integro Private Wealth has appointed Adam Pontague as a private wealth adviser, aligned with the firm’s continued expansion and heightened demand for private wealth services.
NZ Super Fund appoints acting CEO
The Guardians of NZ Superannuation, the crown entity that manages the $65 billion NZ Super Fund, has named Paula Steed as acting CEO, moving from her current role as general manager of strategy and shared services.
AMP appoints two non-executive directors to board
AMP has appointed Kathleen Bailey-Lord and Anna Leibel as independent non-executive directors to the board.
COP28 puts spotlight on carbon capture and storage claims
Carbon capture and storage (CCS) is being promoted by the mining lobby as one of the keys to a net zero economy. But should asset owners and managers be setting much store by what fossil fuel companies say on the matter, and is the campaign backed by science?
