Finance must rediscover its true purpose: RIAA
Many Australian institutions were established to build an economy that serves everyone, and many are starting to return to those roots.
Government ‘should act’ on underperformers: Scheerlinck
AIST CEO Eve Scheerlinck uses new Productivity Commission research as ammunition to push for more scrutiny of for-profit funds.
Vision Super’s Geoff Lake: The new rules of engagement
Vision Super chair Geoff Lake believes in diverse boards and is making a case for younger directors.
Veteran Challenger CEO to retire
Brian Benari stressed the need for getting the system right, for retirees and the government, following the announcement of his departure.
Future Fund shoots for more cohesion after restructure
The aim is to have richer, more nuanced conversations among the sovereign wealth fund’s many sector specialists.
AMP will ‘compete hard’ on corporate super
AMP’s interim CEO Mike Wilkins concedes there is a possibility more of its corporate superannuation clients will depart.
Take US-China risk seriously, Magellan CIO warns
Magellan chairman and CIO Hamish Douglass said tense US-China relations are here to stay,
FRR won’t add risk, ending trend
The French pension fund will not increase the return-seeking proportion of its portfolio, citing inflation fears and expensive equities.
Tasplan confident of leaving behind ‘stranded’ assets
A focus on energy assets with shorter life spans will keep the industry fund from being caught out in the low-carbon economy.
AFCA tips dispute ‘spike’ after Hayne inquiry
Consumers fired up by royal commission will keep the newly-formed AFCA busy when it opens for business on November 1 says chair Helen Coonan
Banks will start to look less alike: Elliott
ANZ CEO Shayne Elliott told the Sibos conference in Sydney that “just turning up and being a bank will no longer be a successful model”.
Australia’s retirement system slips in global rankings
Australia’s retirement income system has dropped from third to fourth place in the world rankings, attributed to a drop in “adequacy”.
