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.
Allocation to illiquid assets by a super fund needs to be informed by the fund’s net-inflow characteristics, not just present inflows, but prospective inflows, new research shows.
Before using members’ money to advertise, trustees should be asking themselves if the fund has a sustainable future.
Vision Super’s recently appointed first female chair, Lisa Darmanin, says the reasons women lag men in the size of their retirement nest eggs has more to do with broad systemic issues than it does necessarily with the superannuation system itself.
NGS Super and Australian Catholic Super have called off a merger a week after the prudential regulator outlined new protocols relating to how merging funds can and can’t use their respective performance histories.
In episode 119, Investment Magazine’s Amanda White speaks with Harsh Parikh, principal in the Institutional Advisory & Solutions group at PGIM.
Regulations leading to greater trustee accountability will drive some convergence between the business models of industry and retail superannuation funds, experts say.
We are living in troubling times but Australian of the Year, Grace Tame, shared her experiences in dealing with trauma to a summit of group insurance professionals.
The new YFYS legislation had many benefits according to Cbus head of insurance Noel Lacey and Deloitte partner Jenni Baxter, but both said it has caused headaches for group insurers.
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