ME Bank

Unintentional

Risk officer: a new role for super?

“Financial management in a super fund is not about trying to maximise a profit – it is about minimising costs, expenses and overheads,” says Nick Vamvakas, executive officer risk of Equip, on the old style model for a chief financial officer. The role will always involve operational and compliance duties, but he sees the need […]
Unintentional

Numbers moving to SMSF stalls

David Atkin, chief executive of Cbus has declared the growth in members of industry funds leaving for self-managed super funds at an end. The announcement comes the same day the scheme launches a member direct platform to cater for large account holders who want to manage their own investments. “Members moving to SMSF is an […]
Investment Strategy

Castlereagh is king of the dance floor

Having been blessed with more than a passable sense of rhythm, it was no surprise that I completely blitzed the field in the Elvis competition at the SuperRatings 10th anniversary awards in Melbourne last Thursday. A group of 50-somethings in penguin suits were plucked randomly from the crowd, myself among them, and we were commanded […]