axa insurance ireland is an irish insurance company headquartered in dublin .

the axa group of companies are engaged in car , home , small business , commercial vehicle , and taxi insurance products .

axa is the third biggest general insurer in the republic of ireland .

axa ireland

axa ireland specialises in motor , home & business insurance and is part of the worldwide axa group .
axa insurance dac is a private company limited by shares . axa insurance dac is regulated by the central bank of ireland .
phil bradley has been named as axa ireland’s new chief executive in succession to john o’neill .
is regulated by the central bank of ireland . for business in northern ireland , axa insurance dac is authorised by the central bank of ireland and authorised and subject to limited regulation by the financial conduct authority .
it also offloaded new ireland to bank of ireland for £270m , although it has 13pc of the life assurance market .
axa northern ireland is perfect for managing the needs of ni residents , and we have more than 140 support staff in our 15 branch branches across northern ireland .
mr o’neill , who has served as ceo for axa insurance in the republic of ireland and northern ireland since 2000 , will retire at the end of the year .
axa insurance ireland is one of irelands largest and oldest insurance companies but our approach is right up to date .
quinn healthcare provides cover for around 400 , 000 in ireland , while quinn direct has 1m policy - holders in ireland and the uk .
axa group this morning published its full year 2017 results , which are available at urltoken . axa uk and ireland announces a strong performance across its commercial and healthcare businesses .
have you tried @ axa _ ireland they are really good and the drive safe app scheme that they have is really great .
axe insurance ireland operates across the republic of ireland and northern ireland with 57 branches , the bulk of them in the republic . it is the largest motor insurance company in the market with in excess of 900 , 000 customers .
however , in the run - up to the forced policy shift , ireland’s leading motor insurer axa has introduced a voluntary drive save device .
we believe that you deserve more than just quality service and insurance products from axa so we have developed axa plus .
the high court in dublin appointed administrators on application by ireland ' s financial regulator .
claudio is chief strategy development officer european markets , axa group and a member of axa partner group and european management committee .
unlike rsa , which has a large irish operation , axa has a very small business in ireland and the guardian merger would create few competition difficulties .
antimo is chief executive officer europe , axa group and a member of the axa group management committee , with oversight of the axa uk p & c business . he serves as the chairman of axa entities in belgium , germany , italy , spain and switzerland .
mr bradley was appointed director of claims and underwriting , axa ireland in 2001 where he was responsible for significantly reducing claims inflation and implementing a new underwriting structure .
the deal will be met with relief by hundreds of workers in the insurance industry in ireland .
sun life will ultimately retain only guardian ' s uk and ireland operations for stg£1 . 8bn .
he is also a past president of both the insurance institute of ireland and the irish insurance federation .
specialising in competitively priced straightforward home , van and motor insurance , axa is one of the world’s top three insurance groups and ireland ' s largest and longest standing insurance company .
as an axa customer we would like to keep you up to date on our fantastic axa plus offers . to continue please enter your email address below .
ireland ' s largest general insurance company , guardian pmpa , is to be taken over by french giant axa as part of a £3 . 9bn ( stg£3 . 45bn ) global merger .
the takeover of guardian / pmpa in ireland by axa is another twist in the history of the company which started as the private motorists protection association ( pmpa ) , writes david murphy .
you can renew your car or home insurance policy through your my axa account .
well done to the axa staff who took part in the dublin pride 5k run on friday . axa are proud to be sponsoring dublin lgbtq pride which is taking place this week . why not take a moment to read the axa blog here
© irish examiner ltd , linn dubh , assumption road , blackpool , cork . registered in ireland : 523712 .
axa ireland limited was set up on friday the 19th of may 1989 . their current address is dublin 1 , and the company status is normal . the company has 6 directors who have also been the director of 17 other irish companies between them ; 3 of which are now closed . axa ireland limited has 2 shareholders . this irish company shares its eircode with at least 9 other companies .
the second major blow to the irish taxpayer came in 1985 , when insurance corporation of ireland ( ici ) collapsed .
state ' s bank stakes should be sold sooner rather than later - head of ireland ' s debt . . .
the axa roadsafe roadshow has been running since 2007 with 11 , 500 students participating each year . the roadshow teaches young people across ireland about safe driving and the consequences of taking risks on the road .
axa leisure breaks offer great value for money in a great hotel . axa enables me to avail of these hotel breaks ; it would be too expensive otherwise .
born 1958 , keith was appointed to the board in february 2004 . since november 2001 he has been chief executive of axa ppp healthcare . in march 2016 , keith became non - executive chairman of the axa global protect board , responsible for oversight of axa’s combined international pmi strategy . keith is also a director of axa strategic ventures sa .
axa ' s made it easy for you to manage your insurance online . by logging in to your axa account you can make most changes yourself in a few moments .
this website is a value added service for existing axa customers . if you are looking for axa insurance services such as home or motor insurance or a quote , please visit urltoken
a “pronounced switch” by customers away from face - to - face engagement in favour of phone and online has been blamed for the pending closure of more than 40 % of axa’s branches in the republic of ireland .
gorgeous night at @ makeawish _ ie crystal ball . such an incredible cause and so heartwarming to see the overwhelming generosity in the room tonight . thanks to our @ axa _ ireland volunteers for their support ! urltoken
the axa uk board brings a wealth of experience in financial services and wider business disciplines .
a decision on the ban on quinn insurance doing business in britain and northern ireland is expected to be reached later this week .
it was speculated the reason for this disposal was that new ireland felt it could not grow any larger in the irish market .
the combined annualised cost base of sun and guardian in the uk and ireland will be reduced by stg£50m by the end of 2001 .
as an axa customer , you automatically save money online and in - store with woodies , did , kilkenny shop , maxizoo and many more motor and home partners – exclusive to axa customers .
copyright © chill insurance . all rights reserved . chill insurance ltd t / a chill insurance is regulated by the central bank of ireland .
he has also served as interim head of operations for both commercial and personal lines in axa uk .
axa is making the acquisition of guardian through its 71pc owned uk subsidiary sun life and provincial holdings .
chill insurance work with all the well - known insurers and search more than anyone else to get you a great deal based on your individual needs . the insurance companies we work with have been in business for many years in ireland and are regulated by the central bank of ireland .
the axa plus card is a loyalty card which is issued around 16 weeks after taking out a policy with axa . it is exclusively for axa customers giving card holders discounts in high street shops , on holidays and much much more . simply show your axa plus card in store at time of purchase and enjoy your savings . we will keep you up to date on our latest offers through our monthly e - newsletter .
bertrand has been with axa uk since september 2012 as deputy cfo ( with responsibility for financial controls ; planning , budgeting , reporting and tax ; business intelligence ; and finance projects ) . he previously held the role of chief investment officer and treasurer axa equitable inc . in new york and prior to that , executive vice president and cfo of axa canada . he has also held various roles in axa france in paris since 1997 .
we find this an excellent incentive to keep our insurance with axa . others are cheaper but with all we save using the axa breaks , axa are the best . thank you . we like the whole idea very much and would like to see it continue . it certainly keeps me from moving to another insurer .
our version of motor rescue aims to get you where you need to go within ireland and the uk . get 24 hour roadside and home start assistance anywhere in ireland or the uk , with the assurance that we help you complete your journey . your keys are also covered in case they are lost or stolen .
mr bradley is currently executive director for axa’s business in northern ireland . he started his career in 1978 with guardian royal exchange . he re - joined guardian in 1992 as head of the irish broker business in dublin , following a 14 year career in the uk insurance industry .
i was buying a second hand car lately and used the axa plus discount code with motorcheck . it was a godsend to check the history of the car . i avoided two lemons by using my axa plus discount code with motorcheck . great partner to have . its little things like plus that make me reluctant to leave axa . thanks .
all the directors can be contacted through axa ' s head office at 5 old broad street , london ec2n 1ad .
just 2 days to go ! look out for the axa staff members who’ll join over 30k supporters on the day .
on march 19 , 2016 , following a comprehensive succession planning process of the executive management led by axa’s compensation & governance committee , axa’s board of directors unanimously decided to separate the functions of chairman of the board of directors and chief executive officer .
axa leisure breaks give me a great chance to get away at an affordable price . will definitely go again .
on the global stage , the deal means that guardian / axa will be the fourth largest insurance company in the world .
founded in 1918 , new ireland is an irish market leader in the investment and protection sector , providing its customers with a range of life assurance , pensions and investment products .
a spokesman for axa said the changes “are about providing the best possible service to our customers in the way that best suits them” .
it appears that you are not yet registered with axa plus . please enter the following details to complete your registeration * indicates required field
however , an axa spokesman told the irish independent that there was ` ` no suggestion ' ' it would sell off businesses here .
based in dublin , arb underwriting is a wholesale underwriter in ireland , with expertise in private and commercial motor insurance . their car cover comes with a range of added bonuses for policy holders .
regarded as one of the largest pension & life insurance companies in the world , aviva insurance limited specialises in home , car and travel insurance in ireland . policies offer a range of discounts .
if you got an axa quote in the last 30 days , you can retrieve a new one without having to provide your details again .
allianz insurance ireland forms part of allianz se group - one of the world’s most prominent financial service organisations . their product offering includes car , home & van insurance , to name but a few .
in operation since 1721 & with over 400 , 000 customers , rsa is one of ireland’s leading non - life insurers , providing a host of bespoke insurance solutions for both personal & commercial customers .
but it also signals axa ' s re - entry into the irish market after it sold off its irish businesses in the past few years .
one source said that axa could move to sell off guardian / pmpa if it had taken a strategic decision not to enter the irish market .
for the best experience on axa . com , we recommend the latest version of these browsers : google chrome , mozilla firefox or internet explorer .
please be aware that the financial services ombudsman will only be able to consider your complaint after axa have had the opportunity to consider and resolve this .
it will sell guardian overseas the business operating in countries such as france , portugal , argentina , brazil , hong kong and south africa to axa for £972m .
at the time , pmpa was ireland ' s biggest motor insurance company , having a 70 % share of the car insurance market , but weak regulation meant its premiums were too low to build up a cushion of cash .
every week axa insurance ireland distributes 15 , 000 policy documents which by law have to be delivered at least 15 days before renewal date . the company’s existing print operations meant this was a challenge with staff often working overnight to complete the job . but a ricoh production print solution has transformed the process maintaining quality as well as making it quick and efficient , and reducing waste to almost zero .
axa also intends to make “significant investment in technology and jobs in the company’s contact - centre facilities” . the investment is understood to be in the order of €150m .
previously , antimo was head of corporate clients at swiss life and a member of the executive board . in 2007 , he joined axa switzerland as head of group life and later head of distribution . antimo was appointed chief executive officer of axa switzerland in 2014 until 2017 . he was previously vice president of the swiss insurance association .
in a statement yesterday , sun life said : ` ` guardian royal exchange ireland provides good profit margins and will be further enhanced through back office and integration into the uk systems of the enlarged sun life and provincial holdings group . ' '
axa said it had completed a strategic review of its “multichannel offering” to set out the “optimum structure for the future” in the wake of the research indicating where customer preferences lay .
minister for agriculture & food , michael creed td at the official launch of our direct axa smart farm product . talk to an agri - specialist on 1890 247 365 or visit
it is also likely that a number of axa’s 10 dublin branches will face closure and possibly at least one of its three tipperary branches , in nenagh , clonmel , and thurles .
the axa drive save device is a tamper - protected , hand - sized unit which can be voluntarily fitted into the electrical system of a car’s dashboard with the permission of the owner .
the best way for you to keep up to date with all the axa plus benefits and to see our entire range of partners is for you to go on - line and register your email address with www . axaplus . ie . you will be kept right up to date with our regular e - newsletter . alternatively you can pick up an axa plus brochure in your local branch .
you can get in touch with axa online , over the phone or in a branch . please select one of the topics below to find contact details for the option that works best for you .
automatically save money online and in - store with topaz fuel , halfords , qpark , enterprise rent - a - car and many more motor , home and lifestyle partners – exclusive to axa customers .
we also accept payments by cheque , postal orders or bank drafts made payable to axa insurance . please write your policy number on the back of your cheque , order or draft and sent it to :
success for axa investigators as they uncover undisclosed claims . these investigations are part of our ongoing efforts to protect our honest policyholders . taxi - driver made eight personal injury claims in eight years , court hears
axa are one of the top three insurance groups in the world . headquartered in paris , we employ 175 , 000 staff all around the world and we offer financial protection to more than 67 million people .
please note : this number is only for axa travel insurance claims where policies are purchased directly from axa . if you need to speak to us about a home insurance claim call : 0330 024 8086 , or for a car insurance claim call : 0330 024 1305 . if your travel insurance was arranged through your bank account you’ll need to contact your bank for information on your specific insurer and how to contact them .
if you have taken a product out online with axa and are unhappy with the product or service you have received , you can also use the european commission ' s online dispute resolution platform to make a complaint .
it also has guardian insurance , which sells other forms of non - life products through brokers . the company has 18pc of the irish general insurance market and owns a small life operation . guardian employs 850 people in ireland and is considered a strong brand ; it had a premium income of £238m in 1997 .
individual staff in branches that operate a contact centre service will also be impacted as axa moves to centralise all call - centre operations in derry , where it has had a call - centre presence for a number of years .
“while it is not appropriate to discuss these matters in the media until staff have been informed directly , axa acknowledges that the review will impact on a number of branches which have low customer engagement , ” said a spokesperson .
being with a global insurance provider has its perks . you’re insured to drive for up to 31 days in the uk and eu - approved countries . plus , as an axa customer you can get a discount on stenaline ferries .
staff at axa will learn of their futures today , with full briefings scheduled . the company said last night it had “begun engaging with unions” ahead of these briefings and would “work closely with staff and their unions to manage these changes with care and sensitivity” .
please email us at axaplus @ urltoken with your name and address , policy number or car registration number and we will issue you with a replacement card in the post . alternatively please contact your local axa branch who will pass your details on to us .
if the axa takeover proceeds , it rules out the possibility of an enforced sell - off of assets due to monopoly restrictions . this was on the cards when it emerged that uk operation royal and sun alliance ( rsa ) was also bidding for guardian .
“while it may be viewed by some as a big brother - type product , this is a genuine attempt to apply risk management to motor insurance , ” an axa spokes - person said , noting that “speed is a factor in up to 50 % of serious accidents involving young drivers” .
all our travel insurance policies sold in ireland cover you if your holiday gets cancelled or cut short you’ll also get financial help if your luggage gets lost , if your flight is delayed , or if you have a medical issue while travelling . our insurance policies offer comprehensive cover for great value , but read through our terms and conditions carefully to make sure our coverage is right for you and that you understand exactly what you’re covered for .
the irish examiner understands axa’s mallow branch at bank place is among those facing closure , as is the company’s branch in ennis , co clare . it is thought at least one other cork branch may be affected — either midleton or bantry . the company also has a branch at 52 south mall in cork city .
minister for agriculture & food , michael creed td , pictured below at the official launch of our direct axa smart farm product . talk to an agri - specialist on 1890 247 365 or visit urltoken . we’re at this year’s ploughing championships again in september , so remember to drop by our stand where we’ll be there to discuss all things farm !
we provide reliable service no matter where you are in the world . with comprehensive cover to protect you if your trip gets cancelled , your luggage goes missing , or you get sick while you’re away , axa travel insurance not only covers you , but the important things you take with you on your trip , too . contact us for a quote today .
axa plus is a great concept . it covers such a wide number of offers , so there ' s sure to be something to interest all members . the website is also very informative and easy to use . i have availed of the leisure break option in the past and was very pleased with what i got . had a great holiday in co cork .
at axa we know you love your van that ' s why we love them too ! we know your van is like the car , office , workshop , storage unit even a temporary home all rolled into one . that ' s why we want to give them the credit that they deserve . what are you waiting for ? talk to us today ! urltoken show less
from the uk : 0330 024 1305 from abroad : ( + 44 ) 1892 502799 * lines open : 24 hours a day , every day to log a new claim . to discuss an existing claim , the axa claims team can be contacted monday to friday 8am to 5pm ( saturdays , sundays and public holidays closed ) . emergency support is available at all other times .
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the business , which is part of sean quinn ' s conglomerate , was placed into administration last week .
regulation chief matthew elderfield told the high court in dublin that quinn insurance had
significantly breached
its solvency ratios .
the insurance arm of the quinn group , which offers motor , home and business and healthcare policies has a deficit of 200m euros .
last week mr elderfield said one scenario could see administrators apply for a levy to be imposed on all insurance premiums , not just quinn premiums , to help cover the company ' s losses .
it may sound like drastic action , but in fact , it is a story all to familiar in the irish republic .
in 1983 irish motor insurance company , private motorists protection association , ( pmpa ) collapsed amidst insolvency issues .
this led to the first state insurance bailout and ultimately cost irish insurance policy - holders over 10m euros over a 10 - year - period .
in the late 1970s , following a rise in the number of claims , the firm ' s finances were seriously damaged .
pmpa raised its premiums but it was too late , by 1983 the company was insolvent .
a previously unused element of the insurance act was rushed through that imposed a levy on other insurers to keep pmpa afloat .
the levy ceased to apply from 1 january 1993 as it was felt that sufficient funds had been collected to enable the successful completion of the administration of the business .
ici was owned by a major irish bank , aib , and had to again be bailed out by irish the government .
the company ' s london office took on risks without matching these with an appropriate premium .
in effect ici uk was growing too fast , taking on a lot of reinsurance and not having enough money to cover its claims .
aib claimed it was unable to cover the losses of ici and was on the brink of collapse , so another over - extended financial giant was bailed out by the state .
this involved two loans , which have now been repaid , totalling over 100m punts ( irish pounds ) advanced in 1985 and 1993 respectively .
if quinn insurance was to suffer a similar fate the irish finance minister , brian lenihan , said a second levy tax will not affect all consumers .
there is no call on the need for a levy at this stage ,
he said .
when the administrator has conducted a review of the company he will be in a better position to know how to proceed .
mr lenihan acknowledged an insurance levy of 2 % was imposed on all non - life insurance premiums to cover the collapse of pmpa , but said it was not necessary when ici collapsed .
the finance minister said he wanted to make it clear that travel , health , aviation and marine insurance would be exempt from any future levy .
during members ' questions in the irish parliament last week , the minister said the quinn insurance potentially owed 200m euros more than it had in assets , but stressed that this did not mean it was unable to pay its bills .
the two elements of the quinn group affected by the court order are quinn healthcare and quinn direct , which offers motor , home and business policies .
the administration hearing is due to return to the high court in dublin on 12 april .
although policy holders with health insurance and travel cover may escape a new levy , the cost of quinn insurance ' s deficit to irish economy remains to be seen .
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in some cases we will ask for the original versions of some documents . these need to be forwarded to us by post :
please call your dedicated claim handler , their phone number is noted on the
next step
letter posted to you after the claim was registered . alternatively , you can call us on 1890 24 7 365 .
if you are unhappy with the way we have dealt with your complaint , you may be able to refer to the financial ombudsman .
terms & conditions apply . minimum premium €327 . new customers only . up to 75 % no claims discount ( for 5 + years claims free driving in your own name ) .
we insure all drivers from the beginners to the experienced . choose from 3 levels of cover - comprehensive , third party fire & theft or third party only . compare car insurance now to find out more .
insuring a car is just one of many expenses in life , and we understand it’s not always cheap . so we offer discounts to help keep your costs down .
claim without blame - we don’t think you should be penalised over something that’s not your fault . so if an uninsured driver hits your car , you won’t lose your no claims discount .
we offer a stepback , so you won’t lose your full no claims discount if you have an accident , or if someone makes a claim against you . because accidents happen .
from time to time you may need to borrow a friend or family members’ car . you’re covered to drive other cars you don’t own with the owner’s permission .
we understand that our customers have different needs . for an additional cost , you can choose convenient extras to suit your lifestyle .
you worked hard to build up your no claims discount , so don’t let one accident push you back . by protecting your discount , you can make one claim without impacting your no claims discount .
provides cover for legal proceedings both for you and against you . cover includes solicitors fees up to €100 , 000 for claims by you involving injury , loss of excess or other out - of - pocket expenses . it also covers solicitors fees for up to €25 , 000 to defend you against legal proceedings relating to your car .
fleet is a new , irish , peer - to - peer car rental app . this means you can earn money renting out your unused car , or by sharing nearby cars with people in the area . it’s effortless and puts some cash back in your pocket . # jointhefleet today
we pride ourselves on our exceptional customer service , and always strive to provide a great experience for our valued customers .
manage your home and car policy when you log into your safe and secure myaxa account .
need to update your policy , add a driver or report a claim ? it’s never been easier .
calculate your new monthly payment in a few easy steps : log in , enter the registration number of the new car , and you’ll get the estimated premium difference right away .
there’s no need to ring us or wait on the phone to add a driver . simply log in , add the new driver’s name and they’re covered .
if you have a car insurance policy with us , you may be eligible to get a home insurance estimate on your myaxa account in seconds .
everything you need , right at your fingertips . you can easily access your policy schedule , receipt for payment , and direct debit confirmation letters plus view and download your certificate , disc , and proof of no claims discount when your policy is up for renewal .
with our 24 / 7 emergency home assistance and claims helpline , we’re always here to help .
we work harder to make life better . if there’s damage to your home , we know there’s a lot to think about . with our 24 - hour helpline , available on 1890 247 365 , you won’t have to think about who to call .
covers both your property and the items belonging to you . this is the most comprehensive cover for your home and everything you own .
cover your house , sheds and outhouses . includes cover for permanent fixtures , such as kitchen units and bathroom fittings .
covers your most - loved items , such as your furniture , expensive valuables , clothing , and instruments . if you ' re renting , this cover is perfect for you .
with a range of discounts available , you can get cover that won ' t break the bank .
no claims discount ( 10 % for year 1 , 20 % for year 2 and 30 % for year 3 ) .
our standard home insurance comes with cover against fire , storm or flood , water or oil escaping , theft and attempted theft , malicious acts and subsidence .
for accidents and emergencies at home , like a burst pipe at 5am . we ' ll send someone to patch up the problem until you can get it fixed . this 24 - hour emergency home assistance won’t affect your no claims discount , and you can get up to four call - outs a year .
get peace of mind with our high liability cover . you ' re covered for amounts that you legally have to pay to others because of accidental injury to a person or damage to a property .
if your keys are stolen from your home , we ' ll provide up to €750 to replace your locks and keys .
this includes windows , doors , skylights , conservatories , porches and ceramic bathroom fittings .
check out the full list of home insurance benefits . terms and conditions apply . to learn more , please refer to our policy document for more information .
we understand that our customers have different needs . for an additional cost , you can customise your cover to suit your lifestyle .
you can add cover for loss or damage to personal belongings that you usually bring outside of your home , like your watch , camera or laptop .
this covers accidents such as spilling paint on the carpet , or putting a foot through the attic floor – whoops .
this is additional cover for you , your spouse / partner and children under 18 . this covers injuries arising from an accident , up to a maximum of €6 , 500 .
check out the full list of optional extras for home insurance . terms and conditions apply . to learn more , please refer to our policy document for more information .
when it comes to travel insurance , it’s easy to think “it won’t happen to me” , but taking out a travel insurance policy is all about planning for the unexpected . you never know what might happen when you head off on holiday . besides an accident , getting sick or losing your luggage can also put a real downer on your trip .
travel insurance is a way to prepare just in case something goes wrong , so you can enjoy every minute of your break without worry .
we don’t take a one - size - fits - all approach with our travel insurance policies . we understand that holidaymakers have different needs when they go away , and our travel insurance policies reflect this . from independent travellers to families and even those taking business trips , we have it covered .
our policies not only cover the person , they also cover activities you might enjoy on your break .
we offer winter sports options to make sure your expensive ski or snowboard equipment is looked after while you’re carving up the slopes , and provide compensation if the slopes are closed during your stay . if you’re hitting the green , you can protect your golf gear , too .
in our policies , pre - existing medical conditions are not covered . by pre - existing medical conditions we mean :
any cardiovascular or circulatory condition ( e . g . heart condition , hypertension , blood clots , raised cholesterol , stroke , aneurysm ) that has occurred at any time prior to commencement of cover under this benefit schedule and / or prior to any trip .
to ensure that our policy is suitable for your needs please review the policy booklet and schedule for more information relating to policy exclusions and general conditions .
according to the motor insurer , 54 % of its customers favour phone - based purchases and 34 % favour online , with just 9 % keen on face - to - face interaction in their local branch .
that is according to research undertaken by the company among its customers and used to justify its decision to close 18 of its 42 branches , starting next year .
the commercial decision means at least 100 staff will lose their positions , although the company says those impacted will be invited to participate in a redundancy scheme or consider redeployment options . what those options are were not outlined in a statement issued by the company last night .
the company has two branches in galway — one in woodquay in the city and one in loughrea .
axe will continue to have the largest branch network in the industry even after the closures .
axe group employs more than 1 , 200 people in the republic and over 400 people in the north . the company said its overall employee number “will not be impacted significantly as a result of these changes” .
2006 lamborghini at the launch of the riac national irish classic car show . listen to the noise ! ! !
terms and conditions apply . based on online independent research by consumer intelligence during oct 2017 . this average saving was achieved by 40 % of consumers .
whether you’re a homeowner or a renter , our home insurance policies protect your home , contents , or both . plus , with our 24 / 7 emergency and claims helpline , you won’t have to think about who to call if your property gets damaged .
if you’re new behind the wheel , you the best cover . young drivers insurance doesn’t have to cost a lot . we reward you for driving safely with drivesave , saving you up to 35 % just by using the app .
it doesn’t matter if you use your van for business or pleasure , you want to make sure it’s covered . choose from our standard or premier van insurance to best suit your needs .
with a myaxa account , you have an overview of all your policy details , in one place .
we pride ourselves on our exceptional customer service , and always strive to provide a great experience for our valued customers . our customer reviews are independent and unbiased .
details about the extent of our authorisation and regulation by the financial conduct authority are available from us on request .
please note the ' other details ' displayed above are collected from a variety of public sources and are appended to this report for your convenience . as they are non - cro data , we can not vouch for their accuracy or timeliness . to update contact details on this company simply email us
purchase either the standard company report or a credit report to view details on the directors of this company .
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having started out with guardian royal exchange in 1972 , mr o’neilll worked with guardian in the uk before joining coyle hamilton from where he was later seconded to aib to set up its insurance services company .
in 1990 he re - joined guardian and in 1998 he undertook the strategic review which saw the company’s life business sold to royal liver for more than ir£100 million .
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a journal of ideas , experiences , and the people that make them , these are our stories , based upon the topics that drive our strategy and the events that fill our calendar .
learn more about our mission and vision to protect people by using innovation and putting our customers and people first .
a source for the latest press releases , official publications and organizational news , you can also find a collection of media and past communications .
for the most up to date information on financial performance , shareholder services , access to the activity report as well as a complete reporting dashboard .
explore career opportunities for graduates and experienced professionals , take a look at employee lifestyles and learn how our people impact the business and community .
find out more on our executive management and learn how our management committee and partners group support the operational management of the group .
mr . thomas buberl was appointed by the board of directors of august 2 , 2016 , chief executive officer as of september 1st , 2016 ; the board of directors of september 2016 appointed mr . thomas buberl as director , replacing mr . henri de castries .
under french law , the chief executive officer is vested with the broadest powers to act in all circumstances on behalf of the company and to represent the company in its relationships with third parties . he exercises these powers within the scope of the company ' s corporate purpose and subject to the powers expressly assigned by law to the shareholders ' meetings and to the board of directors .
the chief executive officer reports to the board on a regular basis on the company’s financial condition and all key issues , and provides regular written updates to the board between board meetings .
the management committee ' s role is to assist the chief executive officer in the operational management of the group .
the management committee meets fortnightly to discuss group strategic , financial and operational matters . the management committee has no formal decision - making authority and is advisory in nature .
the partners group is composed of the members of the management committee and approximately thirty other senior executives from across the group . its principal role is to assist the chief executive officer and the management committee in the definition and implementation of key strategic initiatives in the context of ambition 2020 plan and to contribute to a permanent strategic dialogue throughout the group . it has no formal decision - making authority and is advisory in nature . the partners group meets quarterly .
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born 1966 , he was appointed as chairman of the board in december 2017 .
scott has almost 30 years’ uk and international retail experience and over 10 years’ experience as a non - executive director within the financial services industry . he serves as the senior independent director of santander uk plc and non - executive director of santander uk group holdings plc and is a non - executive director of centrica plc .
previously , scott has held senior roles at tesco plc , including chief executive of tesco in japan , and senior roles at the boots company plc and alliance boots plc . he was also chief executive officer of best buy europe until 2011 . scott served as non - executive director of aviva plc from 2007 until december 2016 and as chairman of aviva insurance limited until september 2017 .
born 1974 , he was appointed a non - executive director of the board in march 2018 .
previously , claudio was group chief strategy officer at zürich group , chief executive officer of zürich life insurance company and chief operating officer at zurich insurance uk . he held several management roles at zürich in both switzerland and london .
claudio began his career as a management consultant working for mckinsey & company and accenture . he has a masters in environmental engineering from etzh swiss federal institute .
born 1948 , he was appointed to the board as a non - executive director in may 2013 .
peter’s background as uk managing partner of pricewaterhousecoopers together with roles in its predecessor firms and , more recently as a non - executive director , has led to a wide knowledge of regulated businesses , competition policy , investment appraisal , m & a and strategic planning . peter has held several non - executive roles including chairman of argent ( a property developer ) , non - executive director and chairman of the audit committees of brit insurance holdings bv , smith & williamson holdings ltd , the national environment research council ( nerc ) and uk coal plc . he was appointed as non - executive director of canopius managing agents limited in november 2014 . peter is also a member of court at university of greenwich and was a member of the competition commission . he has particular knowledge and experience of both insurance and asset management , with a financial background .
born 1962 , he was appointed to the board as a non - executive director in june 2016 .
michael jackson is a general partner at mangrove capital partners and was previously the chief operating officer of skype from 2004 to 2007 with responsibility for operations and revenue generation . prior to joining skype , michael worked for tele2 , the leading alternative telecommunication carrier in europe . michael also serves as a non - executive director on the boards of a number of technology companies including nimbuzz ( instant messaging ) , blockchain . info . ( virtual currency ) and echobox ( ai for digital marketing ) .
born 1962 , he was appointed a non - executive director of the board in march 2018 .
antimo is a certified insurance specialist , pensions expert and has an executive mba from the university of zurich .
born 1956 , he was appointed to the board as a non - executive director in july 2015 .
howard’s extensive career in the financial services industry began in 1979 . he has held several senior positions within nrg group and most recently with hbos plc , where he was chief executive and managing director responsible for the non - life insurance strategy and creation of the hbos general insurance division .


australian ethical investment limited is an australian owned company established in 1986 for the purpose of environmental and socially responsible investing .

the company is based in sydney and is listed on the australian stock exchange ( asx ) .

the company 's main products are a retail superannuation fund and a series of managed investment funds across australian and international shares , fixed interest , cash , smaller companies and diversified funds .

the superannuation fund is predominantly used by individuals as well as by responsible companies and not-for-profit organisations as the default option for their employees .

australian ethical investment

the performance of australian ethical has been recorded in the responsible investment benchmark report 2017 .
* the new ethical funds and australian ethical also charge a buy - sell spread .
australian ethical investment limited ( aef ) is a fund manager that specializing in environmental and socially responsible investments . aef public offers ethical managed funds ( registered managed investment schemes ) and retail superannuation fund . the funds are managed by australian ethical balanced trust using the australian ethical charter .
brief - australian ethical investment says hy underlying npat $ 2 . 2 mln , down 5 %
each year , australian ethical donates 10 per cent of its after - tax profits to charitable organisations and social impact initiatives through the australian ethical foundation .
riaa says there are an additional three managers who meet the most stringent of ethical investment principles which includes australian ethical , new forests and stewart investments .
simon o ' connor , chief executive of the responsible investment association , said ethical investment is increasingly popular .
last year , australian ethical awarded $ 300 , 000 in grants to 18 charities and social businesses working on australian and international causes .
an ethical and socially responsible investment screening process seeks to identify quality companies that have satisfied our range of ethical , environmental and socially responsible investment criteria .
the report ' s release comes just months after two of the nation ' s biggest ethical investment wealth managers , australian ethical and hunter hall investment management , vowed to completely get out of fossil fuels .
the recent release of the february mercer survey for managed funds and super shows australian ethical’s funds continue to lead in most investment categories .
the ethical investor magazine and website ranks the esg performance of australian companies and investment funds . it also covers the ethics of mainstream investment and information on socially responsible finance products .
the perpetual ethical sri fund is a specialist australian equity strategy that invests in a diversified selection of ethical and socially responsible companies .
according to rice warner , statistical evidence on superannuation funds suggests the rates of return between ethical investment options and non - ethical investment options do not vary materially .
australian ethical super is a specialist provider of corporate and personal superannuation and account - based pensions , with a focus on ethical investing .
yes , australian ethical super offers a consolidation service for members who have super in other funds .
in addition , the second best performing sri / ethical fund was australian ethical’s australian equities fund , the smaller companies trust , which returned 20 . 8 % for our investors over the 12 months .
1 $ 100 minimum investment for the uniting ethical enhanced cash trust and funeral fund .
australian ethical is a financial services company with a difference . all client money is invested according to the
david macri , cio , australian ethical was extremely pleased with the results as they continue to demonstrate the strength of australian ethical’s investment philosophy and processes , which have allowed its investors to participate in top quartile performance without compromising on ethics or their values .
the money in your australian ethical super super account is invested by your super fund . they offer a variety of ethical investment options that focus on people and community , quality , and sustainability .
esg investment manager , australian ethical , also says its funds consistently outperform .
karma delivers dividends
its website declares , and promotes its australian shares fund [ 3921 ] as being ranked first over 10 years in the recent mercer investment performance survey , august 2016 .
australian ethical investment , manager of several ethical funds , has a five - year annualised total return of 39 per cent , making it one of the market ' s top small - cap stocks .
eis services clients australia - wide and holds an australian financial services licence from asic . the company is also a founding member of the responsible investment association of australasia and the ethical investment advisers co - operative .
we ' re clearly demonstrating that ethical investing has truly come of age and can deliver strong investment returns while having a positive impact on our planet ,
said australian ethical managing director phil vernon .
australian ethical integrates the principles of b corporations across its entire business , not just its investment products . the company’s stakeholders include people , clients , shareholders and ultimately , the world . australian ethical is publicly listed on the australian stock exchange but manages to donate 10 % of profits to good causes as part of an annual community grants program .
the new research shows ethical australian share funds have actually outperformed their equivalent mainstream funds over the past 10 years .
australian ethical investment chief executive officer phil vernon told pro bono australia news the grants program was a key part of the company’s philosophy and helped organisations deliver social good .
“the australian ethical investment charter isn’t simply a guide for screening investments – it is the basis of our company culture and drives our commitment to improve the world around us .
ps . if you are not interested in australian ethical investment anymore , you can use our free platform to see my list of over 50 stocks with a high growth potential .
if you’re considering australian ethical super , check out what’s available below in our comparison table based on a super balance of $ 55k to $ 100k . to compare australian ethical super with other super funds , visit the canstar super fund comparison pages .
founded in 1986 , today australian ethical super is australia’s fastest - growing super fund and has more than 30 , 000 members .
demand is rising for responsible or ethical investment , as funds flow into the sector from mainstream funds and the product offering is growing as more investment managers join the trend .
australian ethical super rely on their ethical charter , which is a series of statements that guide both the positive side and negative side of their approach , and has remained unchanged since 1986 .
ethical etfs over fixed interest and other asset classes is another emerging development . it ' s understood australian etf issuers are considering launching ethical etfs over local and international fixed - interest indices .
the fund uses perpetual ' s proven investment approach to identify quality companies that are undervalued . additional layers of scrutiny are applied through a strict ethical and sri screening process . the fund ' s investment process is described in our investment brochure .
ethical wealth manager , australian ethical has opened its community grants program for 2016 , as part of the company’s purpose to make money do good , and it is calling on organisations to apply .
but the responsible investment benchmark report 2016 says ethical funds have performed strongly . that report analysed the performance of
core responsible
investment funds compared with their benchmark index and the average of equivalent mainstream funds and outperformance of ethical investments across several australian equities , international equities , and balanced managed funds over several different time periods .
fund managers are lining up to seize the opportunity . sixty - nine asset managers offered ethical or socially responsible investment products in 2015 , from 29 a year earlier . and many superannuation funds have upgraded their ethical investment options to satisfy member demand .
phil vernon , managing director of australian ethical , which oversees just over $ 2 billion , said the success of his fund speaks for itself .
backed by sound industry experience , our privately - owned practice provides an ethical alternative to help meet your financial goals . operating since 1988 , eis continues to be instrumental in the promotion and growth of ethical investing in the australian financial services landscape , achieving this by working within industry to develop robust ethical investment solutions for clients .
data shows that the average performance of strict australian responsible investment strategies outperformed the average large cap australian active manager and the s & p ; / asx300 accumulation index over three , five and 10 years by anywhere between 40 and 250 basis points .
ethical investing and esg , although they are related , are different concepts . ethical funds avoid harmful sectors ; esg , a more holistic investment approach , integrates esg principles into portfolio decisions .
we have always believed that ethical investing will come of age and be part of the mainstream rather than a fringe sector ,
says australian ethical investment managing director , phillip vernon .
it ' s happening . people no longer believe the myth that they have to make sacrifices on portfolio returns when investing in ethical funds .
australian ethical investment ltd . is a publicly owned investment manager . the firm launches and manages equity , fixed income , and balanced mutual funds for its clients . it invests in the public equity and fixed income markets across the globe . the firm invests in clean transport , renewable energy , water technologies , infrastructure , recycling and waste management , organic produce , health care , property , technology , and knowledge sectors . australian ethical investment ltd . was founded in 1986 and is based in bruce , australia .
australian ethical investment limited is engaged in acting as the responsible entity for a range of ethically managed investment schemes . the company also acts as the trustee of the australian ethical retail superannuation fund . it operates through fund management segment . the company ' s products include super , managed funds and pensions . the company invests in clean energy solutions , such as solar and wind ; energy efficiency , such as light emitting diode ( led ) lighting , motors and smart energy management technologies ; other products and activities , such as recycling , insulation and battery storage ; healthcare ; medical research ; communication ; education ; information technology ; responsible banking ; aged care , and sustainable products . its managed fund is a managed investment portfolio and can include investments in shares , property and fixed interest . its subsidiaries are australian ethical superannuation pty limited and australian ethical investment limited employee share plan trust .
australian ethical has opened its 2017 community grants program , encouraging organisations working to deliver tangible benefits for people , the planet , and animals to apply .
the purpose of this tool is to assist you to find out about financial products that apply a responsible or ethical investment strategy that may be of interest to you . the information provided by this tool is not a recommendation to invest in any investment products . the tool does not take into account your particular investment objectives , financial situation or investment needs , all of which should be considered prior to making an investment decision . you should seek professional financial advice before making any investment decision .
australian ethical investment’s recent performance doesn’t indicate a competitive strength as it didn’t pass any of the two hurdles . while this could be worrying for investors , we should remember to account for other important factors such as future growth expectations and whether this underperformance is currently priced into its valuation . i recommend you check out our latest free analysis report on australian ethical investment to see what are aef’s growth prospects and whether it could be considered an undervalued opportunity .
commenting on the opening of the grants program , australian ethical chief executive , phil vernon said the fund’s investment charter wasn’t simply a guide for screening investments , but also drove its commitment to making the world a better place .
ethical and sustainable investing has always struggled to lift itself into the mainstream and today only 2 per cent of australia ' s total investment dollars are managed under an ethical or socially responsible banner .
investment returns of superannuation products : canstar considers the annual investment returns of a product’s default investment option , including the default life - stage option where applicable . where a product does not have a default investment option , annual returns for the investment option with the highest funds under management ( fum ) and a 60 - 80 % growth asset allocation are used .
australian ethical last year awarded $ 260 , 000 in grants to 18 charities and social businesses working on australian and international causes . the recipients were varied and included an indigenous welfare group , marine conservationists , and an organisation protecting women from sex trafficking .
ethical investment services is one of australia’s longest - standing financial planning firms , specialising in offering advice to clients who prefer to invest ethically .
perpetual investments researches companies of all sizes using consistent share selection criteria . perpetual investments ' priority is to select those companies that represent the best investment quality and are appropriately priced . in determining investment quality , investments are carefully selected on the basis of four key investment criteria : conservative debt levels sound management quality business and in the case of industrial shares , recurring earnings . in addition to the above investment approach , perpetual investments utilises a strategy for screening ethical and socially responsible investments ( see environmental , social and ethical factors and labour standards - perpetual ethical sri investment option ' in the investment book ) . derivatives may be used in managing the fund .
konrad completed his studies at the universität bielefeld , in germany and at the australian national university in australia . he worked for the asx - listed fund manager australian ethical investment limited from 2000 to 2002 . subsequent to that he helped establish caer in 2002 and continues to work for the business . he is currently also a board member of the association for responsible investment services ( arise ) based in brussels , belgium .
when choosing an investment option , it is important to take into your account investment timeframes and goals , and your personal risk tolerance for market fluctuations . learn more about how to choose between different investment options on the canstar website .
growth is being driven by a new generation of investors who are aligning their investment values with personal values ; the consistent outperformance of ethical funds on average ; and belated recognition that ethical investing reduces portfolio risk .
the australian securities and investments commission ( asic ) has issued a warning to licensees in . . .
what sets these investment products aside from regular ones on the market is they all have some type of responsible or ethical strategy applied to them .
the norwegian state fund is not an “ethical” , “socially responsible” or even ”sustainable” fund . it’s just a fund run by people with ethics . we’d all probably be better off if there was no ethical - investment “industry” , and instead more funds run by ethical fund - managers .
ethical fund assets grew 62 per cent in 2015 to $ 52 billion , shows the latest responsible investment association australasia ( riaa ) benchmark report . the sector has doubled in two years as responsible investing redefines the investment landscape .
james co - founded asx - listed australian ethical investment and was an executive director for 20 years . james was an inaugural board member of the ethical investment association ( now the responsible investment association of australia ) . throughout his career james has held senior positions within peak bodies of the credit union , local government and academia . james has also worked as an investment advisor for a us global impact / microfinance firm . through a churchill fellowship , james studied shareholder advocacy mechanisms in the united states and europe . in addition to his commitments with caer , james is currently a director of future super and a member of its investment committee .
, meaning that australian ethical avoids investments that harm people , animals and the planet and seeks out investments that will create positive , sustainable change for society and the environment .
by providing ethical investment solutions , we feel we are taking action to change the world’s financial priorities while encouraging others to be part of the solution .
david jones has been part of the fabric of australian society since 1838 . we are committed to strengthening that legacy through our community investment programs , which aim to create positive social impact .
the listed investment manager recently reported strong interest in its products . australian ethical ' s half - year revenue to 31 december 2016 increased 22 per cent to $ 13 . 3 million , up from the $ 10 . 9 million recorded for the previous corresponding period .
if you have online account access , you can complete the additional investment form online .
australian ethical has now been in existence for 30 years , but as recently as six years ago , when vernon became ceo , he admitted the ethical banner could have been as much as a hindrance as a help for getting new money in the door .
perpetual investments researches companies of all sizes using consistent share selection criteria . perpetual investments ' priority is to select those companies that represent the best investment quality and are appropriately priced . in determining investment quality , investments are carefully selected on the basis of four key investment criteria : conservative debt levels sound management quality business and in the case of industrial shares , recurring earnings . in addition to the above investment approach , perpetual investments utilises a strategy for screening ethical and socially responsible investments ( see environmental , social and ethical factors and labour standards - perpetual ethical sri investment option ' on page xx ) . derivatives may be used in managing the fund .
it used to be that the ethical banner limited the firm ' s ability to grow . but now australian ethical has begun to find a bloody - minded adherence to its sustainability and ethical principles has opened up a world of exponential growth . by 2020 it has set an ambitious target of $ 5 billion of funds under management .
the perpetual australian share fund is a diverse portfolio of high quality australian shares , managed by one of australia’s most experienced equity management teams . the fund aims to provide investors with long - term capital growth and regular income .
responsible investment association australasia chief executive simon o ' connor said that these returns were contributing to broad acceptance of ethical investment strategies among both retail and institutional investors which has led to a quadrupling of assets managed under these guidelines over the last three years .
principles for responsible investment were developed by an international group of institutional investors , reflecting the increasing relevance of esg issues to investment practices . the process was convened by the united nations secretary - general . details of the principles and signatories , which include australian fund managers , are available at urltoken .
today in australia we see that one in every $ 2 is invested under some form of responsible or ethical investment strategy ,
mr o ' connor said .
that is drawing other esg product providers into the investment market . the newly launched betashares global sustainability leaders etf ( asx : ethi ) , for example , provides a cost - effective option for ethical investment for those who are fee and climate - conscious .
capture the growth and income potential of australian shares by investing with one of australia’s largest and most experienced share investors .
as with any financial product , it pays to understand the detail before investing . knowing what the ethical fund owns , its investment mandate , personnel and record , is critical . investors with deep convictions might find they invest in new - style ethical funds that do little more than replicate the main sharemarket indices – for unnecessary high fees . they may also find that not all ethical funds are ethical .
australian ethical is an ethical superannuation , pension and managed fund provider . our investment objectives are founded upon the australian ethical charter , principles guiding our portfolios . we seek out and support investments that provide positive , sustainable change for society and the environment . we do not invest in industries such as tobacco , uranium , coal mining , csg , exploitation of people or old growth forest logging . we are also the first publically listed company in australia to earn b corp certified status and donate 10 % of our profits as part of our annual community grants program .
if you satisfy all of the above eligibility criteria , then you can apply to join australian ethical super . you can sign up for an australian ethical super account by by clicking on their products in canstar’s superannuation comparison tables and then signing up online on their website ( they say it takes less than 3 minutes ) , or calling them on 1300 134 337 ( open mon - fri ) .
the gunns ' experience jolted vernon , who was until then ensconced in mainstream finance , to seek out a role in what was still a fringe area in financial markets , sustainable and ethical investing . in 2010 , he became the ceo of funds management firm , australian ethical .
established almost 30 years ago , australian ethical has always been a pioneer in the investment industry and there was a natural alignment between the b corp movement and our corporate values . through our investments , we are trying to help build capacity for ethical businesses and by becoming a certified b corporation we wished to support and grow a community promoting better business for a better world .
one of the oldest and largest ethical funds on the asx is australian ethical investment , which has led the pack in banning woolworths after its move into gambling . but aei is suffering because of its hardline approach . many of its rivals are growing faster than it is . while aei and other traditional funds still espouse such high - minded ideals as “the preservation of endangered eco - systems” , newer fund managers such as ausbil dexia talk about “ethical opportunities” .
the australian prudential regulation authority in february warned financial institutions that climate change must be viewed as a risk - management issue .
yes , australian ethical super has a dedicated online portal for their super fund members . you can view your account balance online , access statements for your account , download super fund information , and more .
returns are the second factor driving the ethical investing boom . new evidence is emerging that ethical funds achieve higher returns – a message that is getting to investors .
ethical investment in australia has hit record levels , with more aussies than ever keen to back environmentally and socially positive ventures over industries like tobacco , alcohol , guns and gambling .
the report will be good news for companies like bt investment management , new forests , investa property group and amp capital - - some of the biggest names in core responsible investment in australia .
perpetual is a signatory to the united nations - supported principles for responsible investment ( pri ) .
core responsible investment australian share funds outerperformed the s & p ; / asx 300 index and average large - cap australian equity funds over one , three , five and 10 years to the end of 2015 , riaa data shows . sustained outperformance is rare in active funds management , where the majority of funds underperform their benchmark index over long periods .
the risk is the boom attracts too many managers who latch on to demand for ethical funds by launching
light green
products that do meet ethical investing standards .
the fund has delivered strong returns over the long - term and has outperformed the broader market – an indication that investing in ethical and sustainable companies may not necessarily compromise investment returns .
exchange - traded funds ( etfs ) are entering the fray . betashares in january launched the global sustainability leaders etf ( ethi ) on the asx and ubs has several ethical etfs over global sharemarket indices that exclude tobacco and controversial weapons stocks . russell investments in april 2015 launched the russell australian responsible investment etf .
all this discussion and research has informed our community investment strategy and the selection of our charity partners .
a selection of research and reports developed or commissioned across perpetual’s investment , advice and corporate trust businesses .
listed investment companies ( lics ) , a form of listed managed fund on the asx , is another new option for ethical investors . the morphic ethical equities fund raised almost $ 50 million in an initial public offering ( ipo ) and listed on the asx in early may .
annual cost includes administration fees and indirect costs ( including the investment fee , performance fee where applicable , and any other indirect management costs ) . this cost is calculated based on the super balance specified and the investment option considered in the 2018 superannuation star ratings , which is the default investment option ( including default life - stage options ) . where a product does not have a default investment option , annual fees for the investment option with the highest fum and a 60 - 80 % growth asset allocation are used .
recent performance figures could have something to do with australian ethical ' s growing popularity . steering clear of fossil fuel meant entirely avoiding the commodities rout . in the year to the end of january it ' s australian shares fund was up 11 . 2 per cent while the asx / s & p200 ; was down more than 10 . 2 per cent .
years of demonstrated long - term investment benefits to investors , who consider environmental , social and governance ( esg ) factors , have quietly shifted around half of australia ' s investment industry to invest responsibly .
the company ' s been going for 30 years . the track record of our australian ethical shares fund has been going for over 20 years and it ' s returned about 10 per cent per annum over that period .
that includes amp capital , amundi asset management , ati asset management , axa investment managers , blackrock , celeste funds management , colonial first state global asset management , dexus property group , ifm investors , investa property group , lendlease investment management , perpetual investments , qic , rrare infrastructure , robeco and solaris investment management .
we expect strong growth in ethical etfs on the asx ,
says betashares managing director , alex vynokur .
the launch of ethi on the asx , which adopts a rigorous ethical investment approach , delivers proof that ethical investing does not need to involve high fees . it can be done just as effectively through etfs , with transparency and at far less cost .
simon hoyle has been a finance journalist for more than 25 years – a finance journalist because the football and motorsports rounds at the age were filled when he was awarded a cadetship . he worked on brw and personal investment magazines , and was part of the team that launched money management . hoyle spent 11 years at the australian financial review before moving on to be an investment writer for the sydney morning herald and the australian . he was appointed editor of professional planner in november 2007 .
performance of responsible investment strategies was more mixed when compared among international equity and multi - sector growth funds .
stay up - to - date with economic and investment market developments with the latest insights from perpetual’s experts .
“it’s a real testament to not only our investment philosophy , style and process , but to an excellent and highly experienced investment team that are heavily focused and motivated on delivering sustainable outperformance , ” mr macri concluded .
vernon believes up to 10 per cent of the australian investing public , or 1 . 5 million people , have high ethical convictions that will drive their investment behaviours .
there ' s a rising social consciousness in the way people consume goods and a growing sense of empowerment as more people express themselves through the way they invest .
the most ethical section of the responsible investment market , known as ' core ' responsible investments , experienced the biggest increase , up 60 percent from 2014 to a record $ 51 billion last year .
the report also found that responsible investment funds outperformed mainstream funds - - great news for ethically minded investors who also want to turn a profit . the average responsible investment fund returned 8 . 3 percent over a year while the large cap australian share fund average return was 3 . 2 percent and the asx 300 accumulation index returned 2 . 6 per cent .
the largest part of the ' core ' responsible investment category , so - called
screened investments
, rose 16 percent in 2015 , to $ 24 . 7 billion . this type of investment refers to when certain stocks are dropped from portfolios because of ethical concerns over products like tobacco and coal companies .
caer is a leading provider of independent research and services relating to the environmental , social , governance ( esg ) and ethical performance of companies and investment portfolios . © caer 2017 . all rights reserved .
it ' s important to do your own research when comparing funds . the riaa is a good starting point , detailing the investment strategies of ethical and sustainable funds that have been certified through its program .
while performance over the medium to long term was superior , strict responsible investment strategies lagged over the short term in calendar 2016 as many resource and energy stocks – which are typically excluded from responsible investment strategies – rebounded strongly .
perpetual investments researches companies of all sizes using consistent share selection criteria . perpetual investments ' priority is to select those companies that represent the best investment quality and are appropriately priced . in determining investment quality , investments are carefully selected on the basis of four key investment criteria : - conservative debt levels - sound management - quality business and - in the case of industrial shares , recurring earnings . in addition to the above investment approach , perpetual investments utilises a strategy for screening ethical and socially responsible investments . derivatives may be used in managing the fund .
because australian ethical has a point of difference and a story to tell , that in itself has become its biggest marketing asset , vernon reckons . this , he points out , contrasts with the commoditised way in which financial services are generally delivered .
by seeking out positive investments that support people , quality and sustainability , and avoiding investments that harm people , animals , society or the environment , australian ethical super can help members feel good about where the money from their super is being invested .
the lic structure appeals to people who want exposure in ethical funds directly and may not have a lot to invest , so are not viable clients for financial planners ,
he says .
we believe ethical lics can take ethical investors to a wider audience , including younger investors .
the arrival of etfs in ethical investing is telling . this style of investing traditionally suits active fund managers who spend extra time assessing the ethical credentials of companies , in addition to their potential returns .
perpetual’s investment experts share their insights on a range of topics – from portfolio construction to stock picking and risk management .
all investments carry risk . while it is not possible to identify every risk relevant to your investment , we have provided details of the risks that may affect your investment in the relevant product disclosure statement ( pds ) or offer document .
the intersection of these forces should mean more money flowing into ethical funds , more managers entering the sector and a wider range of product that provides a spectrum for investors to choose the level of ethical investing that matches their conviction . greater scale in ethical investing should , in theory , lower fees .
if you ' re considering ethical investment , look for a fund that ' s a member of the responsible investment association australasia ( riaa ) . the peak body created a certification program in partnership with the nsw department of environment and conservation and the victorian government in 2005 , with a view to making uniform standards of disclosure for funds .
duncan has worked extensively in the field of responsible investment , both in australia and in the uk with eiris . duncan enjoys working with a broad range of investors to incorporate environmental , social and governance criteria into their investment processes . in addition to his work with caer , duncan served for 10 years on the board of the industry body for responsible investment in australia , the responsible investment association australasia ( riaa ) ( the last few years as chair ) , and for 10 years as a director of the hong kong - based association for sustainable and responsible investment in asia ( asria ) .
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david jones is committed to using our influence as an iconic australian brand to embrace diversity in all its forms , for a more inclusive organisation and community .
the smith family runs a variety of learning and mentoring programs to enable australian children from disadvantaged backgrounds to participate fully in their education . our commitment is to help more australian children to get the most out of their education , giving them an equal start in life and helping to break the cycle of disadvantage .
ethical investments are those made in healthcare or clean energy , away from ties to coal or tobacco .
ethical investment options with both positive screening ( investing in companies that make a positive impact for the world , e . g . clean energy , medical solutions , innovative technology , education , and recycling companies ) and negative screening ( avoiding investment in companies that hurt the planet , e . g . slave labour and asylum seeker detention companies )
nithya has worked across esg research , responsible investment analysis , and financial services advocacy . her previous experience includes managing environmental and social research at the australian council for superannuation investors , research and analysis at the responsible investment association australasia and leading advocacy for trustee policy at the financial services council . nithya holds a bachelor of arts ( politics & international relations ) and bachelor of commerce ( finance & accounting ) double - degree from monash university . she is passionate about the development of sound esg practices across all forms of investment .
riaa acknowledges the growing interest in launching new strategies and says there are 16 australian fund managers that walk the talk when it comes to implementing an esg framework .
the table above shows the total fee cost per year to have a super account with australian ethical super . compare these fees to the average super fund fees on our database , as it’s important not to let your super be eaten away by fees before you retire .
the perpetual wholesale industrial share fund is an actively managed portfolio of quality australian industrial shares . the fund aims to provide long - term capital growth and regular income .
review the product disclosure statement ( pds ) for wealthfocus wholesale super plan and other offer documents and consider your investment option carefully .
australian ethical is driven to redefine how people invest their money – not just for financial gain , but for the good of society and the environment . we have a deeply held belief that the conscious movement of money can have a positive impact in the world , for all .
it’s important to check with your old super funds for information regarding costs such as exit fees and insurance cover you may lose if you switch super funds . if you have any questions or concerns about the rollover process , give australian ethical super a call on 1300 134 337 .
still , it’s surely logical that the more restricted your investment range , the less likely you are to make money . this problem is most acute for purist ethical funds that want to invest in progressive new products such as medical technology or telecommunication software . for overseas funds located in london or new york , there is no lack of choice . in fact , both the us and the uk have deep enough stock markets to maintain specialist indices such as the dow jones sustainability index and the 4good index , which provide a benchmark for ethical investments . but there are slim pickings for the australian funds , forced to make the best of the meagre offerings on the resource - laden australian stock exchange .
please note that the performance information shown in the table is for the investment option used by canstar in rating of the superannuation product .
among these lendlease has the most assets under management with around $ 13 billion of property being managed according to core responsible investment principles .
last year , as resource stocks – which are often avoided , on environmental grounds , by ethical funds – drove the market higher , ethical funds failed to keep pace . the ratings agency morningstar has said that mainstream funds gained 21 . 9 % , while ethical funds rose by 18 . 89 % . there’s the rub : 3 % in lost profits . over the longer term , the news is better . a swag of local and international studies show that ethical investments do not necessarily do better or worse than mainstream funds . in the vernacular of investment management , they are “cost - neutral” .
“it is a core part of our business and in fact we also volunteer with some of the recipients as well… one of the recipients last year was an organisation called green connect… it’s a fantastic organisation and we actually had a team from australian ethical go and volunteer for them last week . ”
riaa chief executive simon o ' connor said the strong numbers showed an entrenched desire from local consumers for ethical stocks .
so if you want to do business , you really need to be considering deeply responsible and ethical issues .
ethical investing , technically described as core responsible investing , accounted for 3 . 8 per cent of total assets under management in 2015 . after hovering between 1–2 per cent for years , ethical investing ' s share of managed funds is soaring . although official 2016 figures are yet to be tallied , ethical investing has , anecdotally , had a boom year .
find out how australia’s 53 largest superannuation funds are engaging in responsible investment to influence better company behaviour and contribute to more sustainable financial markets .
according to the most recent statistics from the responsible investment association australasia ( riaa ) , responsible investment constituted $ 633 . 2 billion in assets under management ( aum ) as at 31 december 2015 , around half of all assets professionally managed in australia ( 47 per cent ) .
core responsible investment funds grew by 60 per cent to $ 51 . 5 billion in aum in 2015 , having doubled in two years .
philanthropy is a major part of perpetual’s culture . we’re trustee for nearly a thousand charitable trusts and endowments and work every day with philanthropists and nfps in this crucial part of australian life .
with full disclosure at hand , it may end up being a trade - off between ethical considerations and financial ones . choosing the fund that has the right mix for your ethical and financial needs depends on what factors are most important to you .
while roe can be calculated through a very simple calculation , investors should look at various ratios by breaking it down and how each of them affects the return to understand the strengths and weakness of a company . it’s one of the few ratios which stitches together performance metrics from the income statement and the balance sheet . what are the analysts’ projection of australian ethical investment’s roe in three years ? i recommend you see our latest free analysis report to find out !
phil has over 15 years’ experience in the responsible investment industry . he is responsible for coordinating caer’s research and providing clients with advice and support to make the most of caer’s products and services . phil holds a bachelor of applied science ( honours ) and a graduate diploma in applied finance and investment .
review the product disclosure statement ( pds ) for wealthfocus investment advantage and related documents to ensure you understand how the fund works and the risks involved .
responsible investment helps people to invest in line with their values and their financial needs . however , investors are hampered by the fact there ' s no single definition for what can be called ' ethical ' , ' sustainable ' , ' socially responsible ' or ' socially responsive ' .
another option is to get professional advice ( an adviser accredited by the riaa may be able to help ) . make sure your adviser is licensed by the australian securities and investments commission ( asic ) .
what ' s telling is where the new money is coming from : australian ethical is having a success with individuals seeking the company out and investing directly . about 80 per cent of new funds come to the firm directly , according to vernon , while most funds ' managers still receive the bulk of their funds flows via financial advisers .
“our diversified equities fund , the larger companies trust , was not only the top performing sri / ethical fund over the 12 months ending 28 february , it was also the top performing fund in the mercer all growth survey of retail funds , returning 20 . 9 % over the last 12 months . the trust has a 25 % allocation to the award winning australian ethical international equities trust with 75 % allocated to companies listed on the asx , ” mr macri said .
the emergence of long / short ethical funds ( buying companies with good esg practices and short - selling those with poor esg ) is another complication . so is the rise of ethical global etfs that are stacked with us technology stocks that rate well on esg criteria .
interest and demand for ethical investments is growing , and the morningstar sustainability rating can help investors put their money where their values are .
the perpetual ethical sri fund aims to provide long - term capital growth and regular income by investing in shares of socially responsible companies .
) —market capitalization of aud $ 127 . 80m , ending up with a low single - digit , - 4 . 25 % , decline in its eps of over the past year might lead us to question its operating environment and growth prospects . for long - term investors though , a more important metric is the enduring trend in earnings growth and how the company fared against the industry . to analyze these factors , i’ll run two simple tests on australian ethical investment’s most recent annual eps growth .
for the riaa , the rapid expansion of the esg approach is an opportunity to bring all investments under an ethical umbrella , bound together by the universal goal of seeking higher returns . applying a universal approach that ' s driven by returns to investors as well as ethical concerns is particularly critical , riaa says , since ethical funds that rely only on screening make up a small part of the consumer market .
years of experience : 34 ( 12 + years in investment industry and 20 years in corporate life ) years at perpetual : 15 maryanne is the deputy portfolio manager - ethical shares and an analyst , covering mainly large and small cap companies in the industrials , consumer staples , and consumer discretionary sectors .
disclaimer : please note caer does not provide any financial services . it undertakes research on esg performance and the ethical merits of corporate behaviour .
so - called responsible or ethical investments have more than quadrupled over the past three years to roughly $ 622 billion , new private research shows .
the key finding in this year ' s report , which focused on 91 asset managers , is that ethical investing is taking off in australia .
the stakes have risen so high because of compulsory superannuation . on 1 july 2005 , “superannuation choice” became law , allowing employees to choose where they invest their superannuation money . it’s no coincidence that the range of ethical funds is widening dramatically . but are all these funds , well , ethical
ethical investing has so far mostly focused on equities . now more investors want to know that fixed and floating - rate securities are issued by companies with sound esg practices , from non - harmful sectors . ethical funds over property securities are another possibility as investors favour buildings with higher environmental ratings .
nina joined caer after completing a bachelor of international relations ( honours ) from the australian national university . she has a particular interest in methods of negative screening in the investment process and indigenous and human rights issues . nina has also specialised in human capital management and psychosocial health in the workplace . this interest began with an engagement with acsi concerning psychosocial health in the utilities , mining and financial sectors .
most mainstream investment firms outsource interactions with their clients to call centres . but people want to engage because they want a conversation about the underlying stocks ,
he said .
perpetual’s select funds are multi - manager funds . they combine a wide range of asset classes and the specialist investment expertise of managers from across the globe - within a single fund
why has it come to this ? why can’t ethical funds apply a baseline test of “christian principles” , or a similar , secular version of an ethical litmus test ? the answer lies in the highly competitive nature of financial services : everyone wants to invest ethically , but nobody wants to lose money .
industry insiders believe the sector will double within three to five years . if that goal is met , roughly another $ 50 billion will flow into ethical funds , attracting 700 , 000 new investors ( based on an average managed fund balance of about $ 70 , 000 in some ethical funds ) .
the fund is designed to meet the needs of investors who want to invest in companies that satisfy a range of social , environmental and ethical considerations .
the fourth factor driving ethical investing is the removal of industry bottlenecks . as superannuation funds show greater interest in esg performance , more fund managers are incorporating esg data into their investment analysis . this is forcing large stockbroking firms to produce detailed company esg analysis and underpinning growth in a new industry of external esg data providers and analysts .
within its australian equities portfolio the firm can invest in westpac but none of the other big four banks . westpac has been more forthcoming with its exposure to fossil fuels through its corporate loan books than the other three , vernon said .
in the battle to gain a few extra percentage points , the ethical war may be lost . james thier , an executive director of aei , says ”ethical” must always come first , and “investing” second . “ that’s our rule , ” he explains over ( predictably ) a soy coffee in a paddington bookshop .
the biggest ethical shift in recent years has been the increasing dominance of the sustainable approach , or environmental , social and governance risk management ( esg ) .
morningstar ' s murphy adds that managed funds that are labeled
esg
or
ethical
are generally also more expensive than non - esg funds .
it’s a problem of definition . for efficiency’s sake , commentators like to lump all the ethical - style funds together . but inside the industry , there are apparent distinctions between ethical investing , representing the original purist approach ; socially responsible investing , a kind of pro - active ethical investing less likely to have outright bans on companies ; and sustainable investing , which is evolving into a pragmatic approach that seeks to “do the right thing” for long - term growth . unfortunately , the distinctions don’t amount to much . everyone , it seems , has a different definition ; some players even define their principles on the run . as the catholic theologian germain grisez warns , “while certain ethical investment vehicles are advertised as ‘socially responsible’ , the notion of socially responsible here may not reflect a judgment conformed to christian principles . ”