Local Government Super cleans up at green awards
Industry fund Local Government Super (LGS) has pointed to its environmentalist credentials, with a number of recent accolades from international bodies and some key ‘green’ investments.
According to a statement from the fund, LGS has been awarded a Green Star rating from the Global Real Estate Sustainability Benchmark and a ‘highly commended’ accolade from the Green Globe Awards.
The recognition comes off the back of the fund’s investment in the European Bank for Reconstruction and Development’s (EBRD's) Green Bond – the only Australian superannuation fund to invest in this asset, which was issued in September.
“Our decision to invest in the EBRD bond reflects our long-standing view that investing sustainably is the key to delivering returns to our members over horizons in the order of 40 years or more,” said LGS chief executive Peter Lambert.
ASIC auditing general/personal advice divide
ASIC is deliberating on how to treat advice in its new role as the primary condu...
BetaShares launches India ETF to market
Fund manager BetaShares has launched a new ETF that will give investors access t...
Annuities added to HUB24 platform
Advisers will be able to access a new set of annuities through the HUB24 platfor...