With the Retirement Income Covenant now in effect, super fund trustees are required to set out how they are going to help members with their retirement outcomes. Mercer’s Tim Jenkins and Angela Hartl examine the retirement income strategies of 102 super funds.
The world is experiencing the results of an underinvestment in traditional oil/gas energy infrastructure which was compounded by Covid- 19, when some companies believed that peak oil demand had arrived pulling back even more on investment, then came the Russian invasion of Ukraine, and the disruption is overlaid with the longer-term focus on energy transition. We look at both sides of the demand and supply puzzle.
In episode 130, Investment Magazine’s Julia Newbould speaks to Tom Nelson, head of thematic equity at Ninety One about energy markets.
The global economy is facing a potential period of stagflation with persistently high inflation and slow growth, according to the chief investment officer of the $230 billion Australian Retirement Trust, Ian Patrick.
Australia has a generational opportunity to ensure our future energy security by decarbonising the economy, reduce energy costs and creating new green industries, led by the super funds with new investment funds and initiatives.
Merging funds can leverage the benefits of scale to provide better insurance to their membership overall, experts say, but the complexity of melding insurance arrangements can mean some individual cohorts may not be better off.
The second Your Future, Your Super performance test found five products failed to make the grade. The results come at a time when Treasury is reviewing some of the industry reforms, particularly the test.
Global green bond issuance is likely to hit US$1 trillion ($1.46 trillion) next year spurred by the European Union and Japan, according to estimates by the Climate Bonds Initiative, notwithstanding market volatility caused by the war in Ukraine, soaring energy prices and supply chain issues.
Superannuation funds are laser focused on the numbers around cost and performance for members, but are not always up to par on member experience, particularly post-retirement, experts say.
Emily Barnes, head of insights and design at Equipsuper, Andrew Inwood, global head and founder of research consultancy CoreData and Julia Newbould, managing editor, Conexus Financial discuss how superannuation funds are laser focused on the numbers around cost and performance for members, but aren’t always up to par on member experience, particularly post-retirement. When facing a difficult choice between keeping fees as low as possible or investing some revenue in better systems to help members engage, data shows members are willing to pay for a better experience.
Vanguard Super’s entry into the $3.4 trillion superannuation industry is welcomed in some quarters of the market. However, it comes to the table as a relative unknown in the mass retail sector.
The 2022 Retirement Conference presented significant learnings from the first round of retirement income strategies, showcased a large range of innovations, while identifying the challenges of providing assistance to retirees through advice and guidance. Overall, it is hard not to be excited about the potential for industry to move forward.
The investment intelligence behind Australia’s largest asset owners and their teams
In-depth interviews with leaders, experts and visionaries in the institutional investment community
Updates on the latest industry policy developments and regulation
The challenges and innovations of custody, technology and operational due diligence
Investment Magazine provides in-depth, monthly analysis of trends and developments for all the businesses in which superannuation funds engage‚ including asset allocation, investment manager selection, custody and fund accounting, member administration, group insurance and compliance.
We acknowledge the Traditional Custodians of this land upon which Conexus Financial sits, the Cadigal of the Eora Nation. We recognise their continuing connection and unique cultural and spiritual relationships to the land, waters and community. We pay our deepest respects to them and their culture, and to Elders both past and present.
