NZ Super appoints former Future Fund CIO to board
Former Future Fund chief investment officer Sue Brake has been appointed to the NZ Super board.
‘Working ourselves into redundancy’: 30 years of Women in Super
Women in Super celebrated its 30th anniversary in 2024, and it’s come a long way from being a breakfast networking event to now being a 5000-member-strong organisation. Founded by the late industry super architect Mavis Robertson, the advocacy organisation has the ambitious goal of “working itself into redundancy”, but for now, chief executive Jo Kowalczyk says its work is unfinished.
AustralianSuper, NEST open up on challenges of growth and culture
The challenges faced by Australia’s largest superannuation fund, AustralianSuper, have some strong parallels with the challenges faced by the UK’s largest defined-contribution fund, NEST. The Fiduciary Investors Symposium at the University of Oxford heard how each fund is leaning into its growth challenges from a cultural and investment perspective.
AIA Australia and CFS renew group insurance partnership
Life insurer AIA Australia has announced that it has renewed its partnership with Colonial First State to continue as its group insurer.
Morningstar hires new principal of super research
Morningstar has hired William Anglingdarma as principal to lead the research house’s superannuation coverage.
Navigating today’s global challenges to reimagine tomorrow’s markets
Published in Partnership with MFS Investment Management. Simultaneous global challenges such as inequality, environmental degradation, financial instability and fragile supply chains are challenging contemporary capitalism’s ability to cope. MFS Investment Management president Carol Geremia says it is time to consider a new approach to build resilience and ensure long-term sustainability in markets and societies. The … Read more
MLC Life to merge with Resolution Life under new brand
MLC Life and Resolution Life Australasia will come together under a new brand, Acenda, following the acquisition of the latter by Japanese insurer Nippon Life.
Insignia CEO questions insourced admin, slashes 25pc of headcount
Insignia Financial has shifted to outsource administration of its $180 billion superannuation assets, inking a deal with SS&C and reassigning 1300 workers to the service provider during the process. The decision stands in stark contrast to peers such as Aware Super, which recently internalised member services, but CEO Scott Hartley said that option is a “costly exercise”.
Key to the retirement puzzle is adviser and fund collaboration
The needs of members in retirement are highly individualised, and retirement solutions are complex. Matching solutions to members’ needs is a specialised task that most funds are ill-equipped to perform. The Researcher Forum has heard the key to getting it right for members is collaboration between funds and financial advisers.
ART appoints chief risk officer
Australian Retirement Trust has appointed Darryl Burke as its chief risk officer, effective from 17 March 2025.
Navigating biodiversity and nature risk in modern portfolios
While the energy transition and critical minerals are receiving a lot of attention as important megatrends, an Investment Magazine roundtable, hosted in partnership with New Forests, has heard that natural capital is an equally crucial piece of the nature puzzle but is “underrepresented, underinvested and generally misunderstood”.
Former NAB trustees settle class action for $64 million
Former NAB trustees (NULIS Nominees and MLC Nominees) have reached an agreement with the plaintiffs of the MySuper class action commenced by Maurice Blackburn to settle for a total of $64.25 million.
