Insignia Financial appoints super & risk executives
Insignia Financial has appointed Anvij Saxena as chief risk officer, while Mark Oliver has been appointed head of super.
Tyndall AM launches investment fund
Tyndall Asset Management has launched the Australian Small Companies Fund, which invests in a diversified portfolio of approximately 25-70 Australian small-cap companies that Tyndall AM believes are undervalued. In doing so, the fund seeks to provide consistent risk-adjusted returns over the long term, with strong capital growth. It will be managed by deputy head of … Read more
ACSI releases voting system to promote gender balance on boards
The Australian Council of Superannuation Investors has released a new voting policy to promote gender balance in Australia’s listed company boardrooms.
Govt announces anti-scams centre
The federal government has announced the establishment of a cutting‑edge National Anti‑Scams Centre (NASC) as part of an $86.5 million package.
TAL launches Insurance Academy for super fund partners
Life insurer TAL has launched the TAL Insurance Academy, a learning and development platform that provides its superannuation fund partners with access to on-demand education and training.
Foresters Financial adds veteran super CIO
Financial services company Foresters Financial has appointed Michael McQueen as chief investment officer.
Hostplus surges to $100 billion in FUM
Hostplus has passed $100 billion in funds under management, which has been driven by mergers and strong member growth in its personal division.
Cbus steps up internalisation, rejects offshore push: Acting CIO
The $83.5 billion construction industry super fund Cbus will be managing more assets internally but has ruled out setting up offshore investment teams due to the risks involved.
AustralianSuper to pay back $70m for excessive charges
AustralianSuper has apologised to around 100,000 members after a review of its processes found a combined $70 million worth of incorrect charges. Super Consumers Australia has called on all super funds to transparently review its processes to confirm members are not paying any similar charges.
Cbus Super and EISS Super complete merger
Cbus Super has merged with EISS Super on Monday, following extensive due diligence and planning, welcoming 17,000 new members.
BlackRock appoints client business head
BlackRock Australia has appointed Jonathan Jenkins as head of client business in Victoria, Tasmania, South Australia, and Western Australia.
MLC Life Insurance appoints general manager
MLC Life Insurance has appointed Craig Dainton as general manager of customer and adviser operations.
