direct-investment option

Governance

The incrementalist executive – Kevin O’Sullivan

The timing of Kevin O’Sullivan’s appointment is auspicious. A technocrat, an actuary and a maintainer of outsourced schemes at Russell Investments, he has arrived after most of the work around Stronger Super had been put in place at UniSuper. Well placed to do the assessments around product development, he would appear to be chosen for […]
Investment Strategy

Advisers gain access to direct investment options

Industry superannuation fund members have gained the ability to appoint a financial adviser to manage their superannuation and invest on their behalf, using the UBS Direct to Member platform. In a move that sees the industry and corporate super funds more closely replicate the benefits and features of a self-managed superannuation fund, members can appoint […]
Hedge Funds

“Online shopping” at Catholic Super

The $5-billion Catholic Super Fund has signed a deal with retail research house, Lonsec, to become the latest industry fund to offer a direct investment option to its 70,000 members. Catholic Super’s new platform, which is built on technology by OneTrust, will be available to members next year and will cost $25 per month plus […]
Unintentional

Motor super head: Leeanne Turner at MTAA

Leeanne Turner started working in public service pension schemes before the superannuation guarantee charge was made compulsory and has seen most of the big changes since then first hand. One of the most significant was at the Commonwealth Superannuation Scheme, which in her time switched its control from a commissioner to a board of trustees. […]
Hedge Funds

Highly desirable direct-investment option

Three quarters of superannuation members are interested in funds offering them access to a direct-investment option (DIO) platform, according to a survey. Those in corporate and retail funds are most interested in the prospect of being able to make more individual investment decisions within their main super fund, according to interim data from a questionnaire […]