Page 4 - Future Super News Today

A term sheet says Future Super would use the proceeds primarily for acquisitions. However, the company has since parked its immediate M&A ambitions.

Equity Trustees is now providing trustee services to Future Super and its Verve Fund.

Equity Trustees has been appointed as the superannuation trustee of the $1.8 billion Future Super fund.

From greenwashing allegations and interim stop orders to fines and penalties, Money Management has rounded up all the disciplinary actions faced by firms in the first half of 2023.

A $34 billion fund has come out on top with a 13.3 per cent return in the last 12 months, beating out mega funds like Australian Retirement Trust and Aware Super.

One of the largest superannuation funds on Diversas books has signed with a new trustee, in what the funds described as "positive news."

In a speech delivered at the Australian Finance Review’s ESG summit on June 5, 2023, the Australian Securities and Investments Commission’s (ASIC) Chair, Joe Longo, warned companies...

Australian Securities and Investments Commission warned companies greenwashing is an ongoing concern. Also highlighted ASIC’s focus on greenhushing, the practice of not reporting or underreporting ESG credentials or initiatives due to uncertainty around reporting frameworks.

ASIC is looking to make examples of firms when it comes to greenwashing and taking a forthright position when asking them for changes, according to two lawyers who have dealt with the regulator on the matter.

A resolution at Toyota's annual general meeting calling for greater transparency of its climate change lobbying has been...