Milestone Group

Industry View

An operational revolution

The Australian superannuation industry has been placed under tremendous pressure from a variety of directions. In recent years it has suffered countless government inquiries into fees charged to members. As guardians of national wealth, some of this attention is expected. In response, industry funds now have an opportunity to prepare for the future and end […]
Opinion

How technology is evolving super

A survey of superannuation fund chairs taken at the Conexus Financial Chair Forum, in conjunction with Milestone, earlier this year revealed a disconnection within superannuation. While chairs wanted to spend time on providing advice to members and to improving inhouse investment management, in reality they were being hindered by the time they had to spend […]
Custody

The Future Fund sees data governance as critical

The Future Fund says it is incumbent on investors to analyse data to understand and reduce costs. The fund is augmenting and enriching its custodian’s data with information from other providers, like Bloomberg, to run stress and crash testing on a daily basis, identifying currency and derivative exposure. Campbell McCulloch, head of investment operations at […]
Investment Strategy

2014 – the hardest year yet for compliance

Those helping super funds to manage their investment data report an industry groaning under the weight of more compliance than it has ever faced before. Providers say the cost of increased workloads and systems build will be passed back to members, while opportunity costs are being incurred from the holding up of innovation. DST Global […]