Retirement Plans
Aware Super named ISPT executive Michelle McNally as CEO of the superannuation fund's new property platform.
Cbus named Anne Moal as the superannuation fund's first head of direct debt and illiquid credit.
HESTA and Mercy Super said they intend to merge by the end of the year, creating a fund with about $50 billion in retirement assets.
A bill focused on improving retirement plan fee transparency and plan disclosure requirements has been introduced in the Senate.
OneDigital Investment Advisors has acquired registered investment adviser firm TimeScale Financial.
Vermont has resisted a bid to add a defined contribution plan as an alternative to the state's pension plans for teachers and state employees.
Westpac agreed to merge its BT Super assets into Mercer Super Trust and sell its Advance Asset Management business to Mercer.
The green transition was a key concern for panelists speaking at the Pensions and Lifetime Savings Association conference in Edinburgh.
UniSuper and Australian Catholic Super announced their boards have concluded that a merger by year's end is in their participants' best interests.
AustralianSuper will add $9 billion in private equity investments by mid-2024, with three-quarters of the total aimed at the U.S. market.