Mercer Super hit with additional licence conditions
APRA has ordered Mercer Super to meet additional licence conditions after “risk management and compliance management deficiencies” were identified by the regulator.
Bold ideas to solve the retirement puzzle
A big problem requires bold solutions, and an Investment Magazine roundtable has heard some bold ideas on how super funds can create and deliver leading-edge retirement income solutions for members. The roundtable heard that product is one part of it, and guidance and advice will be integral, but a fundamental issue is member engagement.
‘Higher the fee, lower the return’ narrative hurting members
With RG97 and the Your Future Your Super performance test pushing a strong narrative of bringing down fees at all costs, members may actually be missing out on attractive net returns from more expensive-to-manage asset classes. The Fiduciary Investors Symposium has heard that it’s time for the super sector to bust the myth.
Return to fixed income ‘normality’ throws up new challenges
A divergence in the performance of economies around the world is creating fresh opportunities for active management of fixed income portfolios, the Investment Magazine Fiduciary Investors Symposium has heard. But even as that happens, it is creating new challenges for creating products for members.
Aware Super wins top categories at Chant West Awards
Aware Super has taken home ‘super fund of the year’ and ‘pension fund of the year’ titles at the Chant West Awards 2024.
A whole-asset strategy key to harnessing energy transition
Octopus Australia, a major manager of renewable energy assets, has told institutional asset owners that owning assets outright, and creating a portfolio of diverse generation sources and storage, is the key to maximising investment returns in the energy transition.
Hubris, risk and ever-evolving business models
David Bell and Geoff Warren reflect on the 2024 Investment Magazine Fiduciary Investors Symposium, held in the NSW Blue Mountains on 14-16 May, and conclude that while the superannuation industry faces some substantive challenges, it is also very well placed to meet those challenges in the service of fund members.
ART, UniSuper split on offshore infrastructure
Investing in infrastructure has exposed differences in opinion between two of the largest superannuation funds, with the $280 billion ART opening offices offshore to chase opportunities, and the $130 billion UniSuper preferring to focus on domestically.
Two directors to depart Rest
Sally Evans and Julia Fox are set to depart the profit-for-member super fund on 31 July and 26 May, respectively.
Taking the driver’s seat on the road to TPD insurance reform
A Senate inquiry into insurance in superannuation, and the extension of its reporting deadline to 30 June 2025, presents a valuable opportunity for the industry to proactively address challenges in TPD insurance and improve member outcomes, an Investment Magazine roundtable has heard.
Why natural capital risk is omnipresent in portfolios
Asset owners are exposed to natural capital risk whether they like it or not, whether they know it or not, and whether they manage it or not. The Investment Magazine Fiduciary Investors Symposium has heard that even if they haven’t invested in natural capital as a discrete asset class, they should be aware of the risks they face.
Behind the scenes of a decade of sharemarket scandals
Prime Minister Anthony Albanese speaks with Conexus Financial editor-in-chief Aleks Vickovich.
