The OECD recently warned that the community’s belief that pension systems will deliver on their promises has been eroded. Mercer's David Knox says this has dented confidence.
David KnoxMarch 9, 2020
The $10 billion fund is slowly starting to allocate capital to private credit, joining other institutional investors including Mercer who are shifting money out of the equity market.
Sarah JonesFebruary 26, 2020
Australia's superannuation industry won’t be divesting from fossil fuels anytime soon. Instead, funds including Cbus and First State Super are reviewing investment strategies that transition to a low-carbon economy.
Sarah JonesFebruary 19, 2020
Mercer has called for a universal age pension, scrapping the means tests and keeping the superannuation guarantee at 9.5 per cent in its Retirement Income Review submission. This would be a blow for many super funds especially those with flat or negative inflows.
Elizabeth FryFebruary 12, 2020
Base salaries for superannuation fund executives will likely increase because of new rules that will likely constrain short-term bonus payouts, according to Michael Moses, a principal in Mercer’s remuneration consulting practice.
Elizabeth FryFebruary 10, 2020