Chris Davies

Retirement

Telstra Super to explore collective defined contribution scheme

Telstra Super is to explore the potential to create a collective defined contribution scheme as a way of avoiding sequencing risk for its members. Chris Davies, chief executive of Telstra Super, says the $17.5 billion fund has the scale to tailor its own pooled investment vehicle that would smooth investment outcomes. He believes the fund […]
Governance

Advice advances as super offering

UniSuper is to grow its number of financial planners, as research shows members are more likely to stay with the fund if they receive intra-fund advice. Speaking at the AIST Superannuation Administration Symposium in Melbourne on August 15, Chris Davies, UniSuper’s executive manager for member and employer solutions, said the fund’s unique understanding of its […]
Administration

Super cost pressure building

Not-for-profit superannuation funds will struggle to deliver low-cost products to market, despite the government’s intentions with reform, according to Nathan McPhee, chief executive of SuperRatings. “The fee position that industry and not-for-profit funds have held for so long is effectively gone. There’s an enormous cost pressure that’s building in this industry,” he said at AIST’s […]