industry fund

Opinion

The misguided idealism of Arthur Sinodinos

There are many reasons to applaud the discussion paper issued by Treasury on better governance and transparency in superannuation, but its ownership by someone without an in-depth knowledge of retirement planning is worrying. That Arthur Sinodinos, the minister for financial services and assistant treasurer, also has a background in banking and thus a clear bias […]
Opinion

Cormann wish list to hit industry fund status

Cuts to red tape and greater market freedoms in superannuation have been promised by Senator Matthias Cormann if the Liberal Party wins the election. These will open up the system of default funds for industry sectors and will also face the imposition of independent trustees. He has also reiterated his party’s promise that there will […]
Investment Strategy

Lally looks back at Sunsuper

Tony Lally has resigned from his position as chief executive of Sunsuper, citing the desire to pursue non-executive director roles following six years at the helm. He told Investment Magazine that he achieved everything he’d set out to. “When I joined it was very much a run-of-the-mill industry fund, but the work I’ve done over […]
Insurance

Rising premiums and tender differentiation

When Media Super switched from ING’s One Path last December to Hanover Insurance Group, it ended a relationship that began in 2008. At the time, One Path was the group insurer for Just Super, which merged with Print Super into Media Super, a $3 billion industry fund that primarily attracts workers in the media and […]
Hedge Funds

Solar flair:
the rise of Sunsuper

In late 2005, Sunsuper trustee Peter Annand spoke frankly with the fund’s new chief investment officer. “He said the fund is $6.5 billion and growing and that we have to set up some delegations,” recalls David Hartley, who has been Sunsuper’s CIO for more than six years now. “At the time, every investment decision was […]