Switching analysis finds members buying high and selling low

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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Future Fund boosts active equity program with new EM manager

Australia’s sovereign wealth fund has added an active equity strategy from a local boutique manager to its emerging markets allocation and dropped one of its existing providers after signaling it had identified "inefficiencies" in the space.

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