Fund staffers take turn in the spotlight

The Australian Institute of Superannuation Trustees (AIST) has launched an annual ‘Awards for Excellence’ program to recognise the contribution made by fund staff to the super industry.

The AIST Awards will incorporate AIST’s Communications Awards – previously announced at CMSF conferences – plus new awards in compliance, investment, operation, marketing and business development. The 10 Award categories – open to fund staff of any AIST-registered fund – are outlined in more detail on AIST’s new Awards’ website: www.aistawards.asn.au. AIST CE0, Fiona Reynolds, said the AIST Awards would for the first time publicly recognise the professionalism of the estimated 1500 plus fund staff around Australia. The winners of the Individual Awards will each receive a scholarship to the value of $5000 (from the Industry Partner supporting that specific Award) to be used for professional development opportunities. The winner of the Team Award will receive a scholarship to the value of $5000 to be used for team building activities and the winners of the Communications Award will be presented with individual plaques commemorating their achievements. Entry and nominations close on 31/10/08. The winners of the awards will be announced at a Gala Award Dinner on December 4 in Melbourne.

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ART CIO says balance sheet management will reshape super investing

Ian Patrick, chief investment officer of the $370 billion Australian Retirement Trust, says that integrated balance sheet management will “beyond a shadow of a doubt” become a more prominent feature in the superannuation industry as funds grapple with the compounding effects of their growing size, systemic importance and the liquidity needs of servicing a larger cohort of retirees.

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