YFYS performance test tweaks to enhance accuracy, transparency

The inclusion of administration fees and benchmarks for unlisted infrastructure and property investments headline amendments to the Your Future, Your Super draft regulation. While flaws remain in the design, most believe the performance test has been significantly upgraded.

Suncorp and Energy Super were LGIA’s two top targets: Kate Farrar

The deal announced today by LGIA to acquire Suncorp Portfolio Services was funded out of general reserves; the fund accumulated $100 million in general reserves over the last 10 years, mostly a result of capital it had set aside from conservative crediting rate estimates.