Underperformance relative to the government’s proposed test could end up being a competitive advantage in the long run for funds like Rest which are now laser focused on outcomes relative to the listed eight-year benchmark, Vicki Doyle highlights in a wide-ranging interview.
Fund consolidation was also a topic of conversation during Wednesday night’s Senate Estimates hearing with APRA noting it is seeing a number of funds talking about a variety of mechanisms to pool assets to get the advantages of scale outside of traditional merger arrangements.
“You can’t underestimate the importance of clarity of purpose”, according to Kirsten Mander who highlights the advantages of being a smaller fund amid the consolidation trend.
The debate around which stapling model has raged to the point where stapling works best is now at risk of not proceeding, which would be a shame because either proposed model would improve consumer outcomes, David Bell writes.
Greater awareness and action towards mental wellbeing is saving lives, experts say, but workplaces in particular need to lift their game.
It’s the opportunities created by the climate change trend that John Pearce is perhaps more keenly focused on than the exclusions, particularly as capital starts to ebb and flow on the back of broader market movements, Matthew Smith writes.
Politicians just don’t have the expertise to assess the effectiveness of ASIC and APRA, the bill explains. As per Hayne’s recommendation, the new Financial Regulator Assessment Authority will be tasked with doing the job properly.
Super funds may have underestimated the importance of their consumer brands and member-centric operating models amid changes which will make passive fund acquisition more difficult.
While the ‘numbers’ in the super industry are broadly positive APRA’s outgoing deputy chair Helen Rowell said some of them are still working against the best interests of members.
The United States Securities and Exchange Commission has taken up the baton on exposing and punishing greenwashing by Asset Managers. Alex Wise explores how the U.S. regulator is tackling greenwashing and how this might impact superannuation funds in Australia.
Aware engaged consulting firm McKinsey to conduct a process which included discussions and comparisons with pension and sovereign funds around the world as part of constructing its five-year strategy which it delivered to its board in March.
An increase in cash holdings from 9 to 18 per cent will give the $226 billion sovereign wealth fund flexibility to start deploying capital in line with a new set of assumptions, Sue Brake explains.
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.
