Cate Wood

Policy and Regulation

Chairs say governance changes are unnecessary and risky

The chairs of AvSuper and CareSuper say proposed legislative changes to superannuation boards will increase risk to a sector that has not experienced wide-spread issues with governance. While the chair of UniSuper, who is an independent, was more reticent in his criticism he too foresaw problems with changing the size of boards – a necessary […]
Retirement

First State Super promotes income over lump sum

Providing advice to members to think about an income in retirement, rather than taking a lump sum is “making a contribution to their lives”, says Neil Cochrane, chair of First State Super. Speaking on a panel session at the Conexus Financial Chair Forum on the Mornington Peninsula from January 18-20, Cochrane talked about how chairs […]
Policy and Regulation

Campaign to save LISC gathers momentum

Pressure on the coalition government to reverse its decision to scrap the low income superannuation contribution (LISC) is growing from two campaigns to preserve the annual award to those earning under $37,000 a year. Women in Super through its website www.keepsuperfair.com.au has helped 13,000 people send messages of protest to their senators. This campaign estimates […]
Investment Strategy

Emslie becomes AIST president

Angela Emslie, the chair of HESTA, has become the new president of the Australian Institute of Superannuation Trustees (AIST). Emslie has been a director of AIST since 2007, during which time she has represented AIST on the Strong Super Governance Working Group and helped its fund governance and educational guidelines. One of her ambitions in […]
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