Deadline looms for fund executive of the year award

What did former winners of the fund executive of the year and the FEAL Masters Program Scholarship spend their prize winning education grants on? Kate Hage talks to Bruce Watson and Michelle Di Fabio. A $20,000 investment in your future: it’s a grant that’s led to top superannuation executives seeing the Dalai Lama and fund … Read more

Middle office evolution

Should super funds expand their middle offices as they grow, or is it more efficient for them to rely on an expanded range of services from custodians? Leading super fund chief financial officers, consultants and representatives of NAB Asset Servicing met in Melbourne recently to discuss this. Philip Hope, chief executive of Morse Consulting, has … Read more

Funds prepping for independent appointments

Superannuation funds are lining up possible candidates and calculating costs in the widely held expectation that the Federal Government will make it mandatory to fill one third of boards with independent directors. Andrew Fairley, Chairman of Equip, expects a change within six months and said the new ‘one third’ independent director structure would be a … Read more

Mortgage biggest cohort consideration: REST

Pre-retirees are prioritising paying off mortgages ahead of retirement planning, suggesting cohorts based on debt liabilities should be considered, says Paul Sayer, chief operating officer REST. The findings are based on member research carried out by REST. “People are living longer and thinking about a longer investment horizon, but they want to pay that debt … Read more

Super funds first in line for UK infrastructure

Superannuation funds with experience and skills in managing real assets stand a good chance of winning bids for UK infrastructure over investors with higher bids, a British trade envoy has said on a visit to Australia and New Zealand. Justine Allan, head of institutional investor relations at UK Trade and Investment, who recently met with … Read more

100% ESG

The recently launched Good Super is dedicated to pursuing investments that overcome the “grand challenges” in Australian society, writes RACHEL ALEMBAKIS. Aron Ping D’Souza, executive chairman of Good Super, believes superannuation provides the combination of time, money, and intent needed to answer “grand challenges” facing Australian society. If it invests wisely he believes it can … Read more

Infrastructure assets: not a silver bullet for inflation

It is commonly stated that infrastructure helps protect portfolios from inflation, but Justin Webb, associate director of Access Capital and member of the Investment Management Consultants Association & Mike Wright senior associate at Access Capital Partners believe this claim does not always stand up to close scrutiny. It is often claimed that infrastructure investments provide … Read more

Insurance “pain” invites new approach

Rising insurance claims have seen a number of superannuation funds recently renegotiate premiums, with some pundits predicting it’s the start of broad sweeping changes for large funds. In the last week both Cbus Super and Equip announced changes to their insurance cover, as both funds renegotiated terms with their insurer, Hannover Life Re of Australasia. … Read more

AustralianSuper rejigs decision making

AustralianSuper has ramped up the day-to-day responsibilities of its asset class heads and investment committee, as its board switches its focus to strategy decisions. Chief investment officer Mark Delaney said it’s a move that is already paying off after he collected AustalianSuper’s award for Best Fund, Investments at the Chant West and Conexus Financial Super … Read more

Debate: Favouring IP over TPD

The following people met recently to discuss the sustainability of insurance. Jeff Humphreys, principal, CHR Consulting; Linda Winterbottom, senior rehabilitation specialist, CommInsure; Bernard O’Connor, company secretary, NGS; Helen Hewett, executive officer, Industry Funds Forum; Colin Cassidy national insurance manager, HOSTPLUS; Frank Crapis, head of industry funds, Comminsure; Margo Lydon, chief executive, SuperFriend and Russell Mason, … Read more

Opinion: The case for younger trustees

There are advocates for more independent trustees, for more women on boards, more ethnic representation and those who generally talk up the virtues of diversity, but where are the advocates for 20-30 something trustees? We are all on a path from youth to older age and so perhaps it is not generally seen as a … Read more