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Showing 1 - 10 of 32 results for "Best Financial Interest"

Australian Ethical announces changes in asset allocation

MATTHEW WAI  |  THURSDAY, 2 APR 2026  |  NEWS
Australian Ethical has made changes to its asset allocation targets for some super, transition to retirement (TTR), and pension investment options, effective March 31. The super fund said it is making changes to its investment menu to "better align" ...

Green moves: Australian Ethical, Future Fund

ELIZABETH FRY  |  FRIDAY, 27 MAR 2026  |  NEWS
Australian Ethical Superannuation has appointed a former legalsuper marketing chief to its board, effective 25 March 2026. Louise Eyres is an experienced non-executive director with a background in commercial, customer, marketing and digital strategy. ...

Cbus confirms independent review into board member

ELIZA BAVIN  |  MONDAY, 23 FEB 2026  |  NEWS
Cbus has launched an independent review of the fit and proper assessment of Cbus Property board member Earl Setches after he was seen dining on a yacht with underworld figure Mick Gatto last week. "The Cbus Super board has commissioned a review of the ...

ART, QIC open new social housing as part of $150m investment

ELIZA BAVIN  |  WEDNESDAY, 21 JAN 2026  |  NEWS
Australian Retirement Trust (ART) has delivered 92 new social and affordable homes in Brisbane as part of its $150 million investment in the Queensland Social Housing Fund. Essential workers and Queenslanders at risk of homelessness may be eligible ...

Australian Ethical Super handed extra licence conditions

JAMIE WILLIAMSON  |  THURSDAY, 27 NOV 2025  |  NEWS
The prudential regulator has flagged concerns over the fund's investment management arrangements with its parent company and whether the fees involved are in members' best financial interests. APRA reviewed Australian Ethical Superannuation's related-party ...

APRA told to reign in super system's financed emissions

RIDDHIMA TALWANI  |  MONDAY, 20 OCT 2025  |  NEWS
... primary mandate of super funds to deliver financial outcomes to members. However, it recommends exempting Best Financial Interest Decisions (BFID) for climate-related investment, which could help super funds with more scope to pursue climate-related ...

We prefer to solve problems than divest from them: HESTA

ELIZA BAVIN  |  MONDAY, 20 OCT 2025  |  NEWS
... transition to a low carbon future. "The way that we do that within a capital allocation framework, the members best financial interest is at the heart of that challenge," he said. Brunton said the fund reviewed its portfolio around three years ago to ...

UniSuper reduces its fossil fuel exposure

RIDDHIMA TALWANI  |  THURSDAY, 16 OCT 2025  |  NEWS
... our portfolios to continue supporting the most promising strategies and technologies in line with our best financial interest duty," the report read.

Rest awards mandate to Wollemi Capital

MATTHEW WAI  |  FRIDAY, 1 AUG 2025  |  NEWS
Rest has handed $232 million to specialist climate investment firm Wollemi Capital, which will now launch its first managed vehicle. The invested capital comes from the superannuation fund's Growth Alternative strategy. Rest said the investment ...

Industry fund dumps sustainable option

JAMIE WILLIAMSON  |  FRIDAY, 16 MAY 2025  |  NEWS
... performance objectives," Prime Super chief executive Raelene Seales told Financial Standard. "As such, in the best financial interest of our members, Prime Super has made the decision to discontinue offering the SRI Balanced option from 4 June 2025." ...
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