Australian Ethical divests from Lendlease over koala development

Australian Ethical has sold its shares in Lendlease Group over its planned development at Mt Gilead in south-western Sydney, which could threaten the survival of one of the last remaining healthy koala colonies in NSW.   In December, Australian Ethical warned it would divest its shareholdings in Lendlease if it proceeded with Stage 2 of the … Read more

Super funds pressured by anti-green washing push

While many super funds have been keen to push their “green” credentials, there is a new concern to rethink what is being publicly claimed due to increased scrutiny from regulators and environmental activist groups.

First Super appoints IFM Investors to manage strategy

Industry super fund First Super has appointed investment services provider IFM Investors to manage a new indexed international equities strategy. The strategy is designed to provide exposure to a diversified portfolio of publicly-listed global companies, with an aggregate overweight to those that have demonstrated a commitment to manage labour risk effectively and prioritises companies with strong … Read more

intelliflo begins operating in Australia

Cloud-based advice technology platform intelliflo has officially commenced operations in Australia. The goal of the provider is to increase the value of advice for Australians and use software and systems to make financial advice and investment more efficient and effective for both advisers and their clients. As part of the development of the Australian office, the … Read more