Melanie Evans

Investment Strategy

Insurance could make the difference in MySuper

Insurance was emerging as a potential differentiator as funds and financial-service providers design MySuper products, according to speakers at the AIA-Conexus Financial Group Insurance Summit this week. Damian Hill, chief executive officer of REST Industry Super, told the summit that his fund was “looking to take advantage” of the opportunity to include innovative insurance options […]
Policy and Regulation

Default-super billions
may change hands

Industry superannuation funds could lose their claim on billions in new cash flows as the Productivity Commission seeks a new way of choosing workers’ default funds based on MySuper. Industry funds’ preferred status saw them gain much of the $3.5 billion in superannuation payments made through industrial awards in 2010, according to the Productivity Commission. […]
Investment Strategy

Melanie Evans says transparency a theme for 2012

Increased transparency, from the makeup and potential conflicts of boards, to pay and investments is likely to be a theme for the funds that manage about $1.4 trillion in retirement savings, says BT Financial Group. BT says the Australian Prudential Regulation Authority is focused on improving governance standards at all superannuation trustees. That means the […]