03/07/2009
McNeice also considered the use of defaults among group insurance and found high use of defaults across a range of age groups. Of the 210 survey respondents, half of those in their 30s relied on the default level of insurance cover but when asked if they believed this cover was sufficient, only 45 per cent of those in their 30s said ‘yes’.
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The outgoing chief investment officer of AustralianSuper Mark Delaney said one of the biggest regrets he will have as he leaves the $410 billion fund is not going overweight on the AI and digital thematic in public markets sooner, as the nation’s most powerful allocator reflects on the investment case of the technology sector in the superannuation summit in New York last week.
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