Retirement is complicated, it frequently doesn’t happen the way we plan or wish, and more people every day are facing the transition from employment to retirement. It’ll be hard for super funds to get financial advice to every member who needs it, but they can work closer with professional advisers.
UniSuper has poured US$400 million ($623 million) into an energy transition and climate opportunities fund, aiming to support the global net zero transition.
The $130 billion UniSuper has selected MetLife as its new insurer, ending a decade-long relationship with TAL.
The CIOs of CSC, VFMC and Spirit Super have urged peers to control – but not be controlled by – risk when approaching portfolio construction, and not be too cautious to put risk back on when the opportunity presents itself.
In the latest development in the so-called ESG war, the US Securities and Exchange Commission caved under various legal threats and postponed its proposed new rules to standardise climate-related disclosures by public companies. With numerous variations between frameworks globally, ESG-conscious investors may find themselves trapped in the climate disclosure matrix for a bit longer.
PGIM Real Estate’s Australian head Steve Bulloch anticipates more challenges to come for some assets in the country’s commercial real estate market this year, as investors deal with easing valuations and higher-for-longer interest rates and the prospect of further write-downs. But for some sectors and specific assets, the opportunities are already emerging and 2024 could prove to be a good vintage.
Iress has completed the sale of the OneVue platform business to ASX-listed Praemium.
ASIC has appointed Greg Yanco as interim CEO, replacing Warren Day who will join the Commonwealth Director of Public Prosecutions (CDPP) on secondment as its executive officer.
As the final quarter of the financial year approaches, super funds have the potential to see a double-digit return in the balanced options, as the median fund delivered 8.8 for the first nine months of FY24, according to SuperRatings.
A super fund member’s retirement income needs can’t always be solved by product alone. Unlike the set and forget nature of accumulation, TelstraSuper chief customer officer Tim Anderson explains why an effective solution has to incorporate advice or guidance to help members make the most of what they have.
Despite recent updates to climate-related risk-reporting rules, a research paper by United Nations-backed Principles for Responsible Investment with contributions from AustralianSuper, IFM Investors and the Financial Services Council said one area Australian regulators still haven’t set clear expectations around is stewardship.
Gordon Legal has commenced a class action against the Emergency Services Superannuation Board (ESSSuper) for unpaid super entitlements.
The investment intelligence behind Australia’s largest asset owners and their teams
In-depth interviews with leaders, experts and visionaries in the institutional investment community
Updates on the latest industry policy developments and regulation
The challenges and innovations of custody, technology and operational due diligence
Investment Magazine provides in-depth, monthly analysis of trends and developments for all the businesses in which superannuation funds engage‚ including asset allocation, investment manager selection, custody and fund accounting, member administration, group insurance and compliance.
We acknowledge the Traditional Custodians of this land upon which Conexus Financial sits, the Cadigal of the Eora Nation. We recognise their continuing connection and unique cultural and spiritual relationships to the land, waters and community. We pay our deepest respects to them and their culture, and to Elders both past and present.
