John Brodgen

Investment Strategy

Retail fund directors scrutinised over commissions

The revelation that as much as seven per cent of money in APRA-approved default funds will pay out commissions to advisers until 2017 has led to hard questions on the role of independent directors in retail funds. Speaking at the AIST governance symposium in Melbourne, several speakers expressed surprise that such a large proportion of […]
Retirement

Brogden calls for radical retirement reform

John Brogden has asked politicians to think the unthinkable on post-retirement reform. Speaking at the annual Post Retirement Conference in Sydney, the chief executive officer of the Financial Services Council called for a rise in the preservation age to “at least” 62, a convergence of pension age and preservation age, restrictions in the ease with […]
Investment Strategy

Asia Pacific our biggest funds source

A two-year study has shown that the Asia-Pacific region is by far the largest contributor to fund flows into Australian managed funds. The report, Australian Investment Managers’ Cross-Border Flows, was released by the Financial Services Council and independent trustee, The Trust Company. It was commissioned following the release of Mark Johnson’s landmark report of 2009, […]