Funds managers will no longer need to prepare annual financial statements for trusts, should a proposal by IFSA’s freshly-named ‘Service & Efficiencies’ sub-committee be adopted by Government. The proposal arose from a forum the Association held in April, in partnership with Conexus Financial, the publisher of Investment & Technology. The sold-out forum of more than 50 IFSA members decided that waiting for “transformational” industry-backed processing engines was fruitless, and that “small simple things” were needed to kickstart the drive to reduce waste, remembered the general manager of advice and private banking for BT Financial Group, Geoff Lloyd, at a session of last month’s IFSA Conference.
De-regulation: the unlikely saviour of governance
De-regulation, not regulation, and less of a focus on independence within boards could be the answer to governance concerns that have arisen from the financial crisis, a Professor of finance from The University of Queensland argues in a new book published by SimCorp Strategy Lab. Renee Adams, Professor of finance at UQ Business School in Queensland and a co-author of the book “Understanding the financial crisis: investment, risk and governance”, says while regulation has focused on improving independence within boards, independent directors don’t necessarily have the expertise or professional knowledge that’s required.
De-regulation: the unlikely saviour of governance
The Complexity Conundrum: why small super funds should outperform their larger peers
There has been considerable public discussion from Australia’s largest superannuation funds on how they benefit from economies of scale that enables them to outperform their smaller industry peers. In this article PAUL KESSELL discusses how small superannuation funds also benefit from utilising their size to their advantage.
The Complexity Conundrum: why small super funds should outperform their larger peers
10 years of ‘sticky’ mandates for MLC MasterKey
MLC’s MasterKey, a $20 billion retail multimanager platform, has just turned 10 – and one-quarter of its managers have been with it the whole way. KRISTEN PAECH reports on the funds managers behind MasterKey and the evolution of the platform amid hefty competition and industry consolidation.
10 years of ‘sticky’ mandates for MLC MasterKey
Toward an end-to-end process for handling mental health insurance claims
Insurance claims for mental healthrelated illnesses are more complicated than those for physical injuries. Many of the problems relate to social attitudes toward those with psychiatric disorders. In this gathering of Industry Fund Forum members, legal and mental health experts, and group insurer CommInsure, an attempt is made to identify the extent of mental health-related claims – no easy feat – while steps being taken to improve the process between funds, administrators and insurers are outlined.
