executive director

Hedge Funds

Housing: super’s next frontier

Joe Hockey’s proposal on housing is politically popular and the industry shouldn’t “kid itself” about this warned Nick Sherry, senior advisor of superannuation and pensions at Citi and former superannuation minister. One of the few asset classes in Australia that has not been commoditised by the funds management industry is residential housing, and if funds […]
Policy and Regulation

ISA campaign against bank cross-selling overlooks regulation

Industry Super Australia (ISA) research has not sufficiently addressed exemption regulation in its claim that banks have been involved in systemic breaches of the Superannuation Industry Supervision (SIS) Act, a superannuation legal expert said. ISA has taken a broad brush stroke approach to section 68A of the Act summing it up as prohibiting the offering […]