A final pocket of light is that Australian super funds are at least saying the right thing: their liabilities are generally very long term, notwithstanding short-term problems due to switching and currency hedges, and this is a great buying opportunity. They will be investing again soon, really. å
Matching members with the right solutions, garnering appropriate member information within the existing legal and regulatory frameworks and through-lifecycle engagement are among the biggest challenges facing trustees as the Retirement Income Covenant lands, experts have said.
David BellJuly 19, 2021
The superannuation fund industry might be strongly supportive of a principles-based approach because it appears to enable more flexibility in product design but David Bell argues it might not be that straight forward.
David BellJuly 5, 2021