MySuper

Governance

Screws tighten on trustees to justify rising insurance premiums

The recently announced duty to act in members’ best financial interests increases the likelihood that trustees will come under pressure to justify rising insurance premiums, particularly in respect of MySuper members who hold default coverage.

Richard WebbDecember 9, 2020

Group Insurance Summit Digital 2020

Micro reforms have created confusion: expert panel

Three super and insurance industry experts say the “brave new world” of super - post budget, productivity and royal commissions - has resulted in some residual confusion.

Meredith BoothNovember 15, 2020

Policy and Regulation

Shifting policy influence resulted in poor performance test

The shift of policy influence in recent years from Treasury to the ministers’ offices has likely contributed to the design of government's new performance measurement which has been panned by experts.

Matthew SmithOctober 19, 2020

Industry

Treasury didn’t consult on new benchmark

Industry has been left out of the conception of the latest performance test, described by APRA's deputy chair Helen Rowell on Monday as one of the major changes foreshadowed in the Federal Budget which is aligned with the prudential regulator's agenda.

Matthew SmithOctober 12, 2020

Industry

Budget performance measure could lead to passive push

The Strategic Asset Allocation benchmark the government has employed to judge outperformance in its new annual performance test is expected to result in funds adapting their investment strategies to beat listed market indices.

Matthew SmithOctober 7, 2020

Opinion

Jeremy Cooper on reviews and the retirement system’s unfinished business

While the chair of the decade old Super System Review couldn't shed light on the current Retirement Income Review, he said If the superannuation system is being used for tax-advantaged inter-generational wealth transfers then those tax subsidies should be reviewed.

David BellSeptember 7, 2020

Private Equity

Dislocation throwing up private equity opportunities: Armitage

MLC has been dialing up its exposure to private equity over the past 12 months, something the group's CIO Jonathan Armitage expects will continue as the market dislocation throws up more opportunities to diversify away from public markets.

Matthew SmithAugust 17, 2020

Opinion

Exploring big ideas with Senator Jane Hume

The message from Senator Jane Hume is clear: micro-reforms will be ever-constant. Funds need to be set-up to integrate micro-reform and maintain the ability to innovate. Funds which can’t keep pace will have to merge, which also fits with policy objectives - David Bell writes.

David BellJuly 16, 2020

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