CDPQ put the brakes on direct China investments; Australia's largest pension fund to pause PwC use; Tokio Marine leaves Net-Zero Insurance Alliance; Temasek platform invests in funding round for sustainable aviation fuel; and more.
Spirit Super has corrected a non-compliance issue, amending its process for monitoring the use of reserves to cover expenses that exceed the fees and costs charged to members.
Mercer Super is set to add several hundred million in funds under management by way of another merger, this time with a Melbourne-based corporate superannuation fund.