The $50 billion fund's deputy CIO - brought onto the panel to replace a sick Sam Sicilia - said the fund had enough liquidity amidst the early release scheme to manage "well beyond even the worst scenario we could imagine".
Tahn SharpeFebruary 10, 2021
Customer trust is high and timing is right for AI and machine learning to personalise insurance premiums for industry super, Swiss Re's Daniel Levy says.
Meredith BoothNovember 10, 2020
The Liberal Senator said people using their super to pay for essentials during the pandemic is an appropriate use of their money, even if that does make the industry ‘uncomfortable’.
Tahn SharpeJuly 16, 2020
Government's decision to allow financially stressed people to access $20,000 of their retirement savings has taken the super industry by surprise and added further liquidity pressure on funds that were already reeling from a sell-off in equities.
Elizabeth Fry and Sarah JonesMarch 22, 2020
Base salaries for superannuation fund executives will likely increase because of new rules that will likely constrain short-term bonus payouts, according to Michael Moses, a principal in Mercer’s remuneration consulting practice.
Elizabeth FryFebruary 10, 2020
Maritime Super, EISS Super and Christian Super are among a handful of MySuper funds to be identified by the regulator as the worst performers over five years.
Sarah JonesDecember 10, 2019
ASFA boss Martin Fahy has hit out against critics of Australia’s superannuation system warning that it is currently in the grip of a contagious false narrative which risks undermining retirement outcomes.
Elizabeth FryNovember 13, 2019