Still, at least one bright spot in the outlook for retirement living standards emerged from the CMSF conference. Despite rumours of its imminent demise, Super Minister Nick Sherry assured delegates the aged pension would “be around in 100 years”. Although this statement does risk just making the short-termists feel more comfortable in their inaction on super.
1 April 2008 00:00
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Opinion
The on- and off-stage antics at the extravagant Milken Global Conference in Los Angeles tell us a lot about where institutional capital is right on the money – and where it is putting its head in the sand. And while the event retains the extraordinary intellectual and financial firepower that has always been its signature, something has shifted. The absences are as instructive as what's on the program.
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