SMSF Association appoints board member
SMSF Association has appointed Christine Franks to the board as its governance expert, effective 1 January 2024.
Aware Super’s London launch sparks debate over Australian-style super
The much-publicised launch of a UK office for Aware Super’s international business has helped start a conversation in British political circles about a compulsory defined contributions system. The now London-based deputy CIO, Damien Webb says the fund will invest $10 billion in British property, infrastructure and private equity as the country’s authorities roll out the red carpet.
Australians expect to retire with higher debt: AMP
Almost 90 per cent of Australians aged 50 and over believe they will still be paying off a mortgage when they retire, as AMP research finds that older Australians are preparing to head into retirement with higher debt.
How to handle a ‘misshapen’ yield curve
The Fiduciary Investors Symposium heard from leading fixed income investors that the unusual behaviour of the yield curve is both a challenge, but also an opportunity to benefit from smart positioning.
Super funds’ sustainable aviation fuel foray won’t be plane sailing
AustralianSuper, ART, CareSuper, Cbus, HESTA, Hostplus, Rest Super, UniSuper and IFM Investors are backing the development of a sustainable aviation fuel industry in Australia. But given a number of serious headwinds, they may experience a turbulent glidepath.
Growth drives funds to private markets, but caution urged
Super funds are big fish in Australia’s relatively small public markets. As they grow even bigger, they’re increasingly looking overseas and to private assets, but taking a cautious approach to what they invest in, often driven by the fundamental characteristics of their membership.
TAL launches SpotChecker program for the eighth consecutive year
Life insurer TAL has launched its SpotChecker program for the eighth consecutive year in 2023, encouraging more Australians to embrace skin safety.
Panorama launches two white label managed accounts from Evergreen
A pair of white labelled managed account suites managed by researcher Evergreen have been available on BT Panorama for two separate advice practices.
Returns bounce back for funds in November: SuperRatings
The median balanced option in super funds is expected to return 3.1 per cent in November, thanks to expectations of peak inflation, according to research house SuperRatings.
MLC Life hires remediation GM
MLC Life Insurance has appointed Ian Fletcher as general manager of remediation programs.
Dexus appoints CEO
Real estate asset manager Dexus has appointed Ross Du Vernet as CEO and executive director, effective from March 2024.
Why UK fund Railpen envies parts of the super system but not others
The Australian super system has done a marvellous job of accumulation that not many countries can rival, according to John Greaves from the £34 billion (A$65 billion) UK multi-client fund Railpen. However, the YFYS test is hardly an enviable component of the system for international peers.
