Super fund and member adequacy – FEAL conference focus

The Fund Executives Association Ltd (FEAL) national conference in Melbourne next month will focus on various aspects of ‘adequacy’ for super funds – from overall levels of member savings, to adequacy of advice, to adequacy of risk management and strategic development.

The conference, at the Park Hyatt hotel in Melbourne on August 9, is the only FEAL event each year which is open to all industry participants. Sponsored this year by Russell Investment Group, the conference is expected to attract more than 250 attendees. FEAL members will also attend a special briefing on the previous day – August 8 – to bring them up to date with the latest developments in the activities of the main regulators, APRA and ASIC. They will also be able to attend the annual dinner, the night before the conference, at which the Fund Executive of the Year Award winner will be announced. The Award, which comes with a $20,000 scholarship from AMP Capital Investors, is open to fund chief executives and their direct reports. Applications close on July 20. Keynote speakers so far confirmed for the conference include: Pru Goward, the new NSW member of the legislative assembly and former head of the Office of the Status of Women, who will talk about super adequacy for women, along with several panelists; James Coyle of Telstra Super and Don Kofoed of QSuper, who will talk about adequacy of financial advice; Steve Schubert of Russell, Greg Staunton of IFS Insurance Broking and Terry Newson of FuturePlus on the adequacy of risk management by super funds; and, Marc Stigler, from the Melbourne Business School, on the adequacy of strategy development by super funds. Information on the conference and Fund Executive of the Year Award: www.feal.asn.au or phone: (02) 9299 6648.