Retirement income review targets ‘three pillars’

Treasurer Josh Frydenberg announced on Friday that former senior Treasury official Mike Callaghan will lead the long-awaited independent review of Australia’s retirement income system.

Smaller super funds say staying niche is critical

The super industry’s smaller players claim that niche growth strategies, agility and superior member engagement will increase their chances of survival as the sector moves to consolidate.

Texas’ ERS eyes hedge fund start-ups

The $28 billion Employees Retirement System of Texas is looking to allocate more capital to start up hedge funds after backing Cinctive Capital Management in New York.