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26 November 2019 • By Sarah Simpkins • 1 min read

Vale David Smith

Director of industry superannuation fund HESTA David Smith was said to pass away “suddenly” on Friday. Mr Smith served on the fund’s investment ...

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Industry super grilled over ‘questionable’ ACTU payments

The heads of some of the largest superannuation funds in the country have been pressed over large sums of money paid to the Australian Council of ...

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New York-based asset manager wins Sunsuper mandate

Global asset manager PineBridge Investments will provide asset allocation expertise to superannuation giant Sunsuper as part of the group’s Strategic ...

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Westpac CEO to step down

Westpac CEO Brian Hartzer will step down following an AUSTRAC investigation that alleged the bank breached money laundering laws 23 million times

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Unlisted assets boosting industry funds ahead of retail

Despite pointing to unlisted assets as a key contributor to the 1.8 per cent annual returns boost for industry funds over their retail competitors, ...

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APRA proposes super insurance reforms

APRA has opened public consultation for revisions to its prudential standard around insurance in superannuation, angling for changes such as a maximum ...

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Afterpay breached money laundering legislation

Afterpay breached money laundering law because of incorrect legal advice, according to an auditor. The buy-now, pay-later giant was the subject of ...

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Westpac circles the wagons

Westpac has launched an $80 million response to AUSTRAC’s allegations, but APRA might want a piece of the pie. The bank’s response plan, announced ...

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Chinese investors abandon ASX, super funds double down

New data has shown Chinese sovereign wealth and pension funds have halved their investment in ASX 200 companies in the last five years, while local ...

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ANZ, Westpac face junk insurance class actions

Slater and Gordon has launched two class actions against ANZ and Westpac over consumer credit insurance. The law firm alleged ANZ and Westpac have ...

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