ESS Super

Governance

Super Salary Survey: Differences in Disclosure

What do the explanations for remuneration strategies given by funds reveal? The biggest clichés in super fund remuneration statements are that the trustees consult with independent external consultants to ensure pay is in line with industry standards and that incentive pay for CEOs and CIOs is based on key performance indicators (KPIs). Usually this is […]
Investment Strategy

Cbus board transparency wins AIST award

Cbus has been commended for its bold move to disclose board salaries in the Australian Institute of Superannuation Trustees’ 2013 awards for excellence. The fund won the award for best annual report, the judges describing the information provided to members as reporting and acting with integrity. The report highlights the $111,000 salary given to board […]
Hedge Funds

Smart vanilla at Kinetic Super

A $2.34-billion fund with only three investment professionals should be run with a strict focus on maximising where you can make a difference and keeping it simple and standard where you cannot. This means deriving most returns from smart asset allocation rather than stock or manager selection, and it means placing a large slug of […]