Sole purpose test needs overhaul
Clarity is needed around the sole purpose test for super funds which want guidance on how not to break the rules.
Women in Super celebrates 25 years
Women in Super celebrated 25 years at CMSF 2019. WIS has achieved a lot since it began as a networking breakfast and has become the voice of women in superannuation.
Why slavery needs to be a priority
Chair of the Financial Sector Commission on Modern Slavery and Human Trafficking, PRI’s Fiona Reynolds explains how the financial sector is well positioned to identify, target and disrupt these crimes and their underlying causes.
Samuel: Cultural change must come from the top
Executives should be paid properly for the job they are expected to do, and rewarded for an outstanding job, says former chair of the antitrust regulator, Graeme Samuel.
Dave Noonan is 2019 Trustee of the Year.
Noonan, who is the national secretary of the CFMEU, has also been a member director of Cbus Property since 2006 and is on the board of ACSI.
APRA to name worst performing funds
The Australian Prudential Regulation Authority (APRA) has not ruled out naming the “worst in show superannuation funds” but stopped short of providing a date.
Insurance: A plethora of reforms
Insurance continues to stay firmly in the spotlight with a swag of big policy reforms currently on the table, delegates at the CMSF conference heard on Wednesday. As the banking royal commission found, the sector has been beset by problems over the last five years with affordability, changing terms and conditions and claims processing all … Read more
Ian Silk: “No cause for triumphalism”
The fact that industry funds emerged largely unscathed from the Royal Commission process is “no cause for triumphalism”, says Ian Silk, chief executive of AustralianSuper
Top super funds gather to discuss reform
With regulators poised to gain sweeping new powers in the wake of the banking royal commission, superannuation industry executives and trustees expect to come under more intense scrutiny.
Asset owners face a time of pervasive uncertainty
Asset owners need to smarten up their investment style if they are to thrive in the current tough environment, says HESTA’s investment committee chair, Mark Burgess
Funds have chance to be at ‘forefront of innovation’: PwC
Super funds ability to innovate has been hampered by the massive cost involved and the fear of failure.
A problem shared is a problem solved
Lisa Marty, co-chair of First Super, talks about whether fund mergers really serve members.
