Transparency needed to avoid “moral hazard” in levies: AIST
To avoid “moral hazard” the transparency in Cost Recovery Impact Statements needs to increase alongside the levy increases on financial institutions
Kinetic Super app for ‘more regular engagement’
Kinetic Super has launched a new mobile app designed to keep members on top of their super and make it a part of their normal routine
First State Super’s plans for StatePlus
The ability to tailor bespoke solutions for members in post-retirement was a key reason for First State Super acquiring StatePlus for a reported $1 billion
Hostplus to work more closely with custodian
Hostplus will be working more closely with Citi as custodians are pivotal in setting strategy, says Greg Clark, head of investment strategy
Unprepared for the reality of retirement
Non-financial aspects of retirement are often overlooked. In the US there is a growing trend in services to address these, including retirement boot camps and pre-retirement relationship counselling
Headline fees are meaningless
Two mistakes institutional investors make are focusing on headline manager fees and forgetting about costs embedded elsewhere in the system
Sharks needed in the tank
Investors and consultants should be aware of the ownership fraction held and traded by active managers versus passive managers as this can have a significant effect on markets, new research has shown
Custodian role continues to change
The role of the custodian continues to evolve in the market, from supporting the back office and middle office functions, such as trade support and post-trade analytics, to now working with platform providers to support front-office trade execution functions
REST confirms resignation of Ronan Walsh
Chief executive officer of REST, Damian Hill, said he regretted Walsh’s departure and acknowledged the significant value Walsh had provided
Better investment theory, in practical terms
Investors should draw on a number of investment theories to gain a better understanding of different possible outcomes, which can then be used to build better investment portfolios, as even established theories fail to take the world’s complexities into account.
One step closer for Sunsuper CIO Ian Patrick
Ian Patrick left consulting so he could get closer to the true purpose of superannuation. He reflects on the challenges and opportunities facing Sunsuper and the superannuation industry generally, and whether he got what he bargained for by moving.
Pinpointing the price on carbon
The Fiduciary Investors Symposium at Cambridge University, hosted by Conexus Financial, brought together 115 investors from 15 countries to discuss the challenges and opportunities of long-term investment. Amanda White reports.
