Australian Super

Opinion

Large supers in shopping spree for leading consultants

Large superannuation funds’ hiring spree of leading consultants has continued with the appointment of Andrew Baker of Tria to AustralianSuper. Over the past 18 months, Richard Weatherhead and Thierry Bareau have left Rice Warner to work on the group insurance offering of AustralianSuper, while Guy McAliece has left KPMG to join First State Super in […]
Opinion

The glass jar and the black box

For most of January, myself and my colleague Dan Purves compiled a survey of the pay disclosure of superannuation CEOs, CIOs and chairs. It would have been an easier job if funds had not often placed this information in the darkest recesses of their websites. Such secrecy partly explains why the subsequent articles have been […]
Investment Strategy

Retail fund directors scrutinised over commissions

The revelation that as much as seven per cent of money in APRA-approved default funds will pay out commissions to advisers until 2017 has led to hard questions on the role of independent directors in retail funds. Speaking at the AIST governance symposium in Melbourne, several speakers expressed surprise that such a large proportion of […]
Roundtables

One step at a time to LDI

Large superannuation funds are having a conversation about how they can move to offer their members a greater form of liability driven investment (LDI). Broadly LDI is an investment target that is stated and then aimed for, a target sum or a target range of money that will offer members a decent or acceptable income […]
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