default

Investment Strategy

Half a million Queenlanders put into retirement cohorts

QSuper has given a teasing snippet of its progress in placing default fund members into group cohorts. This month it moved $21.7 billion of savings for 440,000 members into separate group strategies designed for specific ages, account balance, contribution rate and gender, but has not revealed the nature of each strategy. The switch has occurred […]
Opinion

A letter to Tony Abbott

Dear Prime Minister In January 1999 you gave a highly persuasive speech about the folly of Australia swapping its current constitution for an unproven model. In the speech, which appears in a book entitled Men and Women of Australia, our greatest modern speeches, you recognised that the current constitution had some alarming incongruities, but for […]
Investment Strategy

Segmenting member investments

QSuper has begun segmenting member investments according to age and account balances, in what it is heralding as the end of an era of one-size-fits-all default funds. Rosemary Vilgan, chief executive of QSuper, believes this approach matches best practice globally, meets new higher duty of care standards for MySuper and is being closely looked at […]
Industry View

Dear Jeremy: make profit-to-members the default

The Australian Institute of Superannuation Trustees has submitted to the Cooper Review that all default superannuation funds should be managed under the not-for-profit governance model. AIST CEO, FIONA REYNOLDS, here argues why that should be the case, acknowledging a few areas where the model itself could be improved along the way.
Industry View

Dear Jeremy: make profit-to-members the default

The Australian Institute of Superannuation Trustees has submitted to the Cooper Review that all default superannuation funds should be managed under the not-for-profit governance model. AIST CEO, FIONA REYNOLDS, here argues why that should be the case, acknowledging a few areas where the model itself could be improved along the way.
<1of10>