Treasury is getting mixed messages from the industry about whether the proposed CIPR framework’s ‘safe harbour’ for trustees is a good idea.
Dan PurvesApril 17, 2017
CBUS has gained a 97 per cent approval rate from members for statements which confront them with an estimate of their income in retirement in today’s dollar value. The building industry fund conducted the exercise with 20,000 members to raise awareness that taking the lump sum was not the only option on retiring. Since the […]
David RowleyMarch 10, 2014
Despite being a sector which has always been required to maintain data on its members (i.e. customers), superannuation funds have been slow to embrace data analytics. Part of the reason for this is that administration systems designed primarily to record basic member data have typically not been flexible enough to readily provide more valuable information […]
Nick CallilDecember 18, 2013
Ross Jones, deputy chairman of Australian Prudential Regulation Authority, has an unswerving belief in the good that MySuper is bringing. Finding others who agree with him is hard. Leading industry figures spoken to for this article take a more jaundiced view. They say, if anything, compliance has held up funds’ plans to innovate and bring […]
David RowleyMay 27, 2013