Michael Dwyer

Unintentional

AustralianSuper’s CEO enjoys 15 per cent pay rise

Ian Silk, chief executive of AustralianSuper, received a 15.44 per cent raise for the 2014/15 financial year, the greatest increase in pay of a chief executive at a large super fund. CPI for 2014/15 was 1.5 per cent meaning the raise was 10 times more than inflation. His total remuneration package was $805,372 including a […]
Hedge Funds

First State Super’s high protein investment

First State Super has invested 0.3 per cent of its $53 billion fund in a purchase and lease back of mature almond orchards in New South Wales, Victoria and South Australia. The single transaction of $150 million was made with the listed company Select Harvest and gives First State Super access to what is Australia’s […]

Six ideas for sustainable group insurance

On August 20, those responsible for providing group insurance through superannuation will meet in Sydney to discuss ways of making it more sustainable. Here are some of the ideas that will be aired. 1 The industry must work together to find answers The survival of group insurance depends on funds, trustees, regulators and insurers working […]
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