Funds called out for gouging in super
The PC has recommended a swift end to grandfathered commissions and taken a swipe at the retail funds for charging asset-based fees.
PC draws roadmap to better regulation
ASIC and APRA need more clearly defined roles and a willingness to crack down on poor conduct, Productivity Commission report finds.
Funds still at odds with ASIC’s revised fee disclosure
AIST chief executive Eva Scheerlinck argues that a lack of disclosure for platforms would make meaningful comparisons impossible.
Tarnished retail funds suffer three-pronged blow
Royal commission fallout is not the only pull on retail funds. In fact, recent outflows don’t yet reflect brand damage from the inquiry.
Fund flows reflect royal commission backlash
The latest platform flow data shows the most tangible evidence yet of a royal commission influenced backlash.
ASIC takes another step towards transparency
The watchdog has put forward proposals for reform of fee disclosure, with a focus on merging indirect costs for easier comparisons.
Boal leaves Willis Towers Watson
The international advisory group has named head of corporate risk and broking Simon Weaver its new head of Australasia.
Future Fund’s Raphael Arndt: Portfolio of the future
Raphael Arndt sees a time on the not-too-distant horizon when the assumptions that have shaped investment strategy will no longer hold true.
REST case to set climate risk precedent
A case against REST is a world first and will make law on whether trustees breach their fiduciary duties when they ignore climate change.
Funds warned to get closer to members
The CIOs of AMP Capital Investors and Christian Super say funds face disruption if they don’t do a better job of member engagement.
Size, governance matter when mulling internalisation
Taking on the complexity of maintaining internal management teams makes strategic sense if funds have scale and accountability systems.
Total-portfolio works best when it’s the real thing
Total-portfolio strategies can provide a more clear view of how assets interact within a fund – provided managers adhere to mandates .
