EP12: Super’s highly unlevel playing field, and what we need to do about it

Cate Wood, a former national chair of Women in Super and past president of the Australian Institute of Superannuation Trustees speaks in depth with Robbie Campo, a Cbus executive and passionate advocate for the economic security of women in retirement about equity in super, why women are still falling behind their male peers, the thorny issue of tax concessions and the problems which will be faced by an aging Australia.

Spirit Super seeks $50 billion sweet spot

Spirit Super chair Naomi Edwards said the fund was “having coffees with people at the moment” about mergers but there were no announcements imminent even as she maintained the fund was aiming to double its assets. Glenda Korporaal writes.

Volatility more important than correlation when looking at bonds

The low yield environment of recent years had put a focus on the positive correlation between bonds and equities according to Laura Ryan, head of research at fixed income investment boutique, Ardea Investment.

Debt holders start driving change to net zero

Private credit has a unique opportunity to add to the battle against climate change and it has the potential to be more effective than the market may currently be aware, according to Blackstone Credit’s sustainable resources global head Robert Horn.

‘Political hits’ hampering ESG progress

The man who might be the next superannuation minister wants to move past the super and climate wars and bring responsible investing front and centre. However, the member for Whitlam, one of the most carbon-intensive electorates in the country, is aware the transition needs nuance to prevent communities being left behind.

APRA is evolving and super funds need to read the tea leaves

Consolidation will increase the resources APRA applies to each fund, all else equal, the teams tasked with assessing funds (both those on frontline engagement and those undertaking desktop analysis) can spend twice as much time assessing each fund. This will provide APRA the bandwidth to prepare for the challenges ahead, such as retirement and ESG. However, it will undoubtedly allow APRA to explore super funds in greater detail, writes David Bell

The future CPCO: our chief people whisperer, culture champion and competition officer

With the quality of leadership under scrutiny during the pandemic robust leadership culture is paramount. This is now a top agenda item for all boards as poor leadership is obviously a reputation risk but also severely culture damaging, writes Michael Swinsburg.

Scale opportunities are great but beware risk for counterparties

CIO for the prosaically-named Australian Retirement Trust, Ian Patrick, certainly champions the benefits of scale, particularly as he has his eye on lifting his fund’s weighting in unlisted entities, but he warned about becoming too great a business risk for counterparties, writes Andrew Main.