Investment Strategy

Industry funds pre-empt Arthur Sinodinos

Industry funds are taking steps to appoint independent trustees ahead of any government decree forcing them to do so. In contrast to media reports that have depicted industry fund boards as fighting the Treasury proposal to have at least a third of their directors independent of employer or employee organisations, several funds are already changing […]
Investment Strategy

Pillar restructures, amalgamates client teams

Peter Beck Pillar Administration is undergoing an internal restructure that will see the amalgamation of its client teams by function, reducing the total number of teams from 27 to 18 and affecting 400 people within the organisation, with the changes expected to eliminate “single points of failure”.