Operations

Operations

Costs absorption being considered for smaller super fund mergers

Industry is consulting with APRA to address the cost of merging, particularly among smaller funds where the cost to merge is preclusive to tie-ups progressing, experts have raised during an ASI digital conference panel discussion.

Matthew SmithSeptember 17, 2020

Investment Operations

Stretched investment committees ‘doing too much’

Pressure on investment committees has increased exponentially during the pandemic as the ‘realms of the investable have completely shifted’. Willis Towers Watson consultant Rebecca Bannon believes proper instruction, delegation, and efficiency are required to keep them ticking.

Tahn SharpeSeptember 9, 2020

Financial Advice

Intra-fund is no substitute for holistic advice

The emerging advice gap has reinvigorated industry discussions about the future of advice and the part super fund advisers will play. While intra-fund advice plays an important role in the financial system, the data shows it is no substitute for full service financial advice.

Jason AndriessenSeptember 7, 2020

Operations

Life during early release: Funds need to maximise relevance

An outcome of early release is the trusted position superannuation funds find themselves in at a time when people are potentially the most vulnerable. Now is the time to use this trust to build engagement and confidence, Jason Andriessen writes.

Jason AndriessenAugust 3, 2020

Outgoing Mine Super CIO David Bell (Pic: supplied)

Investment Operations

Standardisation to address performance gaming

A proposal, released on Thursday for industry consultation, suggests a scoring system to help map unlisted assets to appropriate growth/defensive scores as part of its plan to create asset category standardisation.

Matthew SmithJuly 22, 2020

Operations

Media Super entertained other shared services tie-ups, more deals like this to come

Funds will be watching closely recent deals that consolidate back office and investment operations but preserve brand and team identities as more shared service tie-ups get aired with boards.

Matthew SmithJuly 20, 2020

Operations

Deloitte’s Roodt says early super access an ‘unmanageable’ risk

Deloitte Consulting’s Craig Roodt says funds should focus on building general resilience to prepare for specific shocks like early access to super.

Ben PowerJune 30, 2020

Operations

The power of the eyes in finding fraudulent actors

With no immediate end in sight to travel restrictions the due diligence activities of investors are being severely impeded. Castle Hall’s Alex Wise discusses what this means for due diligence programs in 2020.

Alex WiseJune 22, 2020

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