Debby Blakey Resigns as HESTA CEO: The End of a $100 Billion Leadership Era

https://orbitnewshub.com/debby-blakey-resigns-as-hesta-ceo/

#HESTA #DebbyBlakey #Superannuation #AusFinance #LeadershipNews #OrbitNewsHub #BusinessUpdate

Superannuation giant HESTA hit with extra licence restrictions as APRA raises governance, risk concerns

One of Australia’s largest superannuation funds HESTA has been hit with regulatory action, after a “severe, prolonged disruption”…
#NewsBeep #News #Headlines #apra #AU #Australia #CorporateGovernance #HESTA #Outage #Regulation #RiskManagement #super #superannuation
https://www.newsbeep.com/302799/

HESTA pays ASIC infringement notices alleging misleading statements about carbon emissions

https://www.asic.gov.au/about-asic/news-centre/find-a-media-release/2025-releases/25-266mr-hesta-pays-asic-infringement-notices-alleging-misleading-statements-about-carbon-emissions/

ASIC’s Deputy Chair Sarah Court said, ‘In making the representations, HESTA overstated its commitment to reducing investment in carbon emissions.’

‘Consumers relying on HESTA’s representation may have been denied the opportunity to make informed decisions about their preferred superannuation provider when HESTA gave a false impression that its commitment to reducing carbon emissions was more ambitious than it actually was.’

#ASIC #Greenwashing #auslaw #auspol #HESTA

I'd love to see more funds to take action and hold #fossil fuel industry #accountable!

#australia
#climatechange
#hesta
#woodside
#shell

https://www.theguardian.com/australia-news/live/2025/may/08/australia-news-live-anthony-albanese-environment-labor-cabinet-liberal-leadership-sussan-ley-angus-taylor-ntwnfb?page=with%3Ablock-681c0d218f082cdfc1daa510#block-681c0d218f082cdfc1daa510

If my superannuation provider limited my access to my money in this way I would be looking for a new superannuation provider.

#hesta #superannuation #personalfinance

https://www.abc.net.au/news/2025-04-18/hesta-super-stops-withdrawals-claims-until-june/105188942?utm_source=abc_news_app&utm_medium=content_shared&utm_campaign=abc_news_app&utm_content=safari

One of Australia's biggest super funds [Hesta] is freezing services until June

https://www.abc.net.au/news/2025-04-18/hesta-super-stops-withdrawals-claims-until-june/105188942

#HESTA and Aware Super among large industry players calling for a $5 million limit on account balances in order to improve #equity and stem the cost of #superannuation concessions to the federal budget #australia #inequality #greed

https://www.macrobusiness.com.au/2023/02/australias-superannuation-system-is-designed-to-fail/