Shorten’s pitch: the new super bargain

Another boost to consumer confidence in super would be to extract it from the “hurly burly” of political debate – once this year of reform draws to a close, Shorten said. If members are going to be forced to commit their savings to the system throughout their working lives, they must feel certain it will not be dramatically altered by the time they retire. .

With the caveat that it may be his most naïve comment in his weeks in the superannuation portfolio, he said: “We do have to take the politics out of retirement incomes policy and superannuation. We’ve got to get to a point where we can fence it off and not let it be influenced by the annual Budget.”

It would be “very smart politics” to “set it up and move it beyond politics,” he said.

Click here to read the full coverage of the roundtable.

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‘Bang, fizzle, pop’: AustralianSuper CIO laments late tilt to AI

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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