The superannuation industry’s mindset must change if it aims to capably manage longevity risk for retiring members, Mercer partner Martin Stevenson will tell an upcoming post-retirement solutions conference.
Let's ride again: MTAA Super re-signs Access
After five years of euphoric performance highs and despondent lows, the $5.7 billion MTAA Super and its asset consultant, Access Capital Advisers, have signed up to do it all over again.
Statewide's headcount falls in cost-conscious times
John O’Flaherty
Custody Association conference to talk models
This year is shaping as a big one for reviews of operating models, with super funds and their asset managers likely to fall anywhere on the spectrum from re-insourcing previously outsourced functions, to breaking up the old ‘securities services’ bundle and outsourcing middle- and back-office functions to separate providers.
Plato draws talent from GMO
In its second major hire in as many months, quantitative boutique Plato Investment Management has recruited a senior member of GMO Australia’s equities team.
All-star lineup to speak on longevity problems
An unprecedented group of industry experts and analysts, including Jeremy Cooper, will speak on the crucial post-GFC topic of longevity and adequacy at the third annual Post-Retirement Solutions for Super Funds conference in early March.
Super smelter: BHP Billiton may combine four super funds
Master trust marketers have had a busy Christmas, scrambling to respond to a BHP Billiton tender which is likely to see the resources giant consolidate its four superannuation funds, which are at present outsourced to four different external trustees.
AMP CI overhauls Capital Approach
AMP Capital Investors has overhauled its Australian equities Capital Team, which manages $2 billion, replacing three of its members.
Bennelong continues putting band back together
It’s taken eighteen months, but the Bennelong Australian Equity Partners (BAEP) boutique has added a sixth former ING Investment Managment staffer to its ranks.
Change at the top of Lonsec may signal shake-up
In a move which may herald a shake-up in the retail advisory market, Norm Graham, the long-term managing director of Lonsec, quietly exited the business towards the end of last year.
NZ Super goes with NY women’s quant shop
New Zealand Super, the NZ$17.6 billion ($A13.4 billion) sovereign pension fund, has appointed a new quantitative manager for in global equities.
Chinese law firm hires Aussie quant for risk advice
Academic and former funds manager Frank Ashe has joined a leading Beijing-based law firm as specialist risk management consultant.
