Half Australia’s super funds will vanish in 10 years: KPMG
The number of super funds will fall from 238 now to 108 in a decade, as entities merge or diversify, KPMG’s Super Insights Report states.
Finance isn’t evil but incentives can be
Incentive schemes are at the heart of problems in finance and need an overhaul, says Mihir Desai of Harvard.
Lessons for all in APRA report on CBA’s culture
Following APRA’s report of CBA misconduct, institutional investors must be wary of the cultural shortcomings of companies they invest in.
Bigger & Better: High-performing HESTA makes changes
HESTA has generated an 8.8 per cent return over 30 years. Now it’s reinventing itself to leverage the rapid growth that lies ahead of it.
Caution to endure today, engagement to save tomorrow
Pension funds are remaining conservative in anticipation of a downturn and shifting from divestment to active ownership for long-term value.
World’s capital markets strong as ever, fund managers say
Market fundamentals are in great shape, although debt and cyber-risk are potential dangers, delegates at the Milken conference heard.
Opt-in group cover for young people stirs debate
Stakeholders expressed concern the move would leave young people at risk and were unsure how different types of members would be affected.
No super overhaul, this time
The Federal Budget contains some minor, and sensible, tweaks for SMSFs and age pensioners alike but, for once, the system did not get major
Industry funds, high balances tops in satisfaction
Industry fund members and people with high account balances are most satisfied with super, Roy Morgan ratings show.
Be realistic about fixed income returns
Investors in absolute return fixed income need to keep a bridle on expectations and pick managers carefully, Avant Mutual CIO says.
Private markets require different skills
Global adviser warns of “recipe for failure” if super funds don’t think about expanding their capabilities before co-investing.
Retirement not so super, for women
A complex web of workforce and social trends intersect to create a large gender gap in outcomes, a conference has heard.
