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.

Pressure builds for mandatory ESG reporting

Despite the ESG reporting regime currently being voluntary in Australia, it is clear that mandatory reporting requirements are on the horizon with pressure coming from a number of domestic areas as well as leads from overseas, Glenda Korporaal writes.

Super certainty in budget but Covid concessions remain

Short-term measures introduced two years ago as a Covid initiative aimed at giving people more access to their super will remain, even while the government pledged no increase in superannuation taxes together with a renewed commitment to stick with the phased increase in compulsory super increases: John Durie writes.

Keep calm and don’t overreact: Mercer’s Sue Wang

It will be the robustness of fixed interest portfolios that will determine how well you will fare through challenging times according to Mercer’s senior fixed income portfolio manager. Investment returns for long term asset-owners have been driven by equities for the past couple of years, and volatile markets will expose those strategies that don’t have a diversified approach to their fixed interest portfolios.