A perennial challenge in making life insurance well understood and embraced by the public is the perceived gap between the promise and what is ultimately delivered when it comes time to claim. This session explored the gaps and how a more universal approach or innovations in terms can help to reduce complexity. How … Read more
This session considered the challenges faced by the whole insurance industry, both locally and abroad. Further analysis will consider the role for international best practice, AI and behavioural economics in improving engagement. Is there an ongoing role for group insurance within superannuation? Can insurance ever move beyond being a grudge purchase? What innovations can we … Read more
As Australian superannuation funds grow bigger, the balance of investments will gradually tilt towards offshore assets, says the CIO of Australia’s second largest fund Aware.
Differing views on how funds quantify best financial interest duty under the new assessment requirements was a major feature of a discussion with a dozen senior executives who are all in some way involved in or have recently completed transformative deals.
Many funds will find there will exist a surprising degree of portfolio flexibility in a post YFYS world, according to new research.
It can be well argued that diverting investment earnings is so patently unfair to the departing member that it breaches the trust law and legislative obligations to act fairly towards members and exposes trustees to a claim by affected members for compensation, Noel Davis writes.
Aware super is looking to join up with more funds even as it completes current merger logistics with VISSF, according to chair Neil Cochrane.
The performance test environment will focus smaller and medium sized funds on existing member outcomes over organic growth strategies, making merger discussions even more prevalent in this category, Vasyl Nair predicts.
One of the industry’s larger funds and a beneficiary of stapling reforms is not currently dedicating resources to mergers discussions, an executive at the fund has said.
Many of the funds skating close to the performance test benchmark hurdle wouldn’t have known their fate one way or the other until they were informed late on Monday, it has been described.
There will be winners and losers post-November when “stapling” reforms come into play, but even the likely winners see challenges and unforeseen consequences mixed with opportunity.
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.
