At this stage the recommendations form a report only to Government, with the Government yet to respond. The federal minister for superannuation, Chris Bowen, has indicated the response will take between six and eight weeks. But this was before a federal election was called for August 21, which will undoubtedly delay the government’s response. Nevertheless, a lengthy consultation between government and the industry is likely once this contest has been fought.
Investments
Rest Super has built its private equity program around a deliberately selective approach to manager and deal selection, favouring a concentrated roster of external partners and proactively seeking out top PE firms rather than waiting for them to come knocking. Head of private markets Marina Pasika unpacks the program’s coming of age and what powered an asset class return more than double the peer average in the last financial year.
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