There are not only retrospective but also forward-looking investigations superannuation and pension funds should use as part of their investment manager due diligence process to meet global best practice standards, Alex Wise writes.
Part two on October 30, Solutions for retirement income, featured Andrew Boal, Rice Warner, Amara Haqqani, Milliman and Aaron Minney from Challenger. The session was chaired by David Knox, from Mercer.
The Labor MP expressed support for some kind of a performance benchmark to hold underperforming funds to account, but he said the government’s current proposal falls short during an interview on Monday.
Finding better retirement solutions will require more than just ‘age and balance’ metrics, but the industry will need to keep things simple to retain members’ faith and their confidence to spend, according to Challenger’s Aaron Minney.
As the US prepares to elect its leader for the next era, Princeton’s professor Stephen Kotkin highlights the core issues that will need to be addressed in order for a fractured society to regain some semblance of solidarity.
REST Super is among the funds likely to fall short of the government’s new performance benchmark even though its MySuper product also stands to be one of the major beneficiaries of the proposed ‘stapling’ changes.
In episode 65, Alex Proimos speaks with Maria Wilton, Vice-Chair of the CFA Institute board of governors, and David Knox, senior partner at Mercer and the lead author of the Mercer CFA Institute Global Pension Index.
“There needs to be some really clear thinking about repair of personal balance sheets post-Covid”, says Michael Drew, who points to the importance of relational governance in light of the government’s early access scheme and selloffs in financial markets.
Members aren’t looking for holistic financial planning advice in the sense of a traditional six-step financial planning process – they are looking to solve practical and immediate problems, they are looking for decision support, and they’re looking to learn, but not necessarily be educated or taught.
The range of forecastable economic outcomes is as wide as its ever been, says MLC Asset Management portfolio manager Myooran Mahalingham. Tread lightly on the hunt for alpha, and keep the fundamentals front of mind.
In episode 64, Alex Proimos speaks with Darren Wills, managing director, APAC head of fixed income iShares and institutional index at Blackrock.
While the COVID-19 pandemic has impacted Australians in many ways, for cancer patients the virus has presented a particular set of risks and challenges. To ensure customers living with the disease have access to the best support possible during these times, AIA Australia (AIAA) has expanded the kinds of assistance available through its partnership with … Read more
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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.
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