Members’ voluntary super contributions went down in 2016
UBS and the Financial Services Council blamed ‘constant’ tinkering with super policy for a 1.5 per cent dip in annual member contributions.
AIST names Eva Scheerlinck acting chief executive
Eva Scheerlinck will become acting CEO of the Australian Institute of Superannuation Trustees following Tom Garcia’s departure next week.
What super funds can learn from the Santiago Principles
There are lessons for the local superannuation industry in how an international collective of sovereign wealth funds is working together to improve their transparency and governance standards.
Path to data sharing has obstacles along the way
Institutional investors need new operating models if they’re to solve the problem of how to clear data silos that add cost, inefficiency.
Sunsuper takes leadership tips from ballet, footy, boardroom
A top academic, a ballet great, an All Blacks manager and a leading non-executive director recently discussed what makes a great team.
Global inflation inflexion point plants seeds of US ruin
A range of experts predicts new US President Trump’s economic policy could lead the country to a fiscal catastrophe by 2020.
Cbus Super to integrate UN’s Sustainable Development Goals
In her new role at Cbus Super, Alexandra West wants to add extra value for members by incorporating sustainability, especially in the property portfolio.
The high cost of governance at TWUSUPER
A surprising anomaly from the Investment Magazine Salary Survey 2017 was that a $4 billion super fund paid the most in chair fees.
Lifetime Achievement Awards to Lounarda David and Rav Gray
Sunsuper’s Lounarda David and NAB’s Rav Gray were both recognised with a Lifetime Achievement Award at the 20th Conexus Financial Investment Operations Conference.
Ascendancy of the chief investment operations officer
Chief investment officers and portfolio managers are finding it increasingly difficult to implement portfolio decisions without getting a final tick of approval from their back-office colleagues.
Lawyers warn super funds to expect class actions
The trend among superannuation funds to insource more of their investment operations is exposing the industry to a higher risk of legal action, lawyers have warned. Dan Purves reports.
ASIC and super funds at loggerheads over RG 97
The executives responsible for running the back-office systems of many superannuation funds have expressed frustration at the regulator’s “painful” new rules for disclosing fees and costs.
