First State Super

Policy and Regulation

How funds foot penalties and remediation still not clear

Even in cases where remediation programs have begun or actions have been taken and where remediation is possible, regulators and government remain unclear about how trustees can direct funds to pay without impacting member balances, a House or Reps committee has heard.

Matthew SmithMarch 29, 2021

CIO profiles

Ross Barry on owning outcomes and the new performance paradigm

The MTAA (soon to be Spirit Super) CIO's experience at First State Super managing a strategic partnership with asset manager HSBC brought a sharper focus on outcomes and how funds work with partners, Matthew Smith writes.

Matthew SmithFebruary 3, 2021

Governance

Visibility risk: Brand and marketing oversight to bite

Funds will need to think carefully about marketing and branding activities in light of the government's proposed best financial interest amendments which bans the use of member money for branding while adding oversight to marketing spending.

Matthew SmithJanuary 18, 2021

ESG

Collaboration needed to up sustainability ante

Investors need to collaborate for systemic change, a discussion involving asset owners and sustainability experts has highlighted. Investors need to work with government, enshrine beliefs and educate beneficiaries on the importance of sustainability.

Sarah RundellAugust 26, 2020

Policy and Regulation

ASIC off script with StatePlus action

ASIC's latest action against StatePlus shows the regulator is willing to go after not for profit funds despite the impost civil proceedings and remediation programs could have on member outcomes.

Matthew SmithAugust 24, 2020

Opinion

Peer group risk: The industry’s worst kept secret

Some funds are open and acknowledge their peer group focus, espousing that industry awards and new members are won through a competitive process and performance relative to peers needs to be actively managed. For other super funds, peer group risk management is undertaken behind closed doors, David Bell writes.

David BellAugust 19, 2020

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First State Super

Policy and Regulation

How funds foot penalties and remediation still not clear

CIO profiles

Ross Barry on owning outcomes and the new performance paradigm

Governance

Visibility risk: Brand and marketing oversight to bite

Policy and Regulation

ASIC off script with StatePlus action

Group Insurance Summit Digital 2020

Super funds must anticipate the pandemic’s mental and chronic health side effects