profit

Investment Strategy

Super CEOs in vanguard of leadership change

Superannuation fund chief executives are in the vanguard of a sea change in business leadership that prioritises values, believes an international business mentor. Anthony Howard, an author and a confidant to leaders in large publicly traded companies in Australia and abroad, will be speaking at FEAL’s annual conference in Melbourne on August 6, on how […]
Administration

Super cost pressure building

Not-for-profit superannuation funds will struggle to deliver low-cost products to market, despite the government’s intentions with reform, according to Nathan McPhee, chief executive of SuperRatings. “The fee position that industry and not-for-profit funds have held for so long is effectively gone. There’s an enormous cost pressure that’s building in this industry,” he said at AIST’s […]
Investment Strategy

Private equity beats the stock market

Private-equity returns have outperformed investments in the stock market over the past decade, according to Cambridge Associates’ Australia Private Equity and Venture Capital Index. In the 10 years to December 31, 2011, Australian private-equity net returns were 7.5 per cent per annum. The S&P/ASX 300 Accumulation Index rose 6.1 per cent per year during the […]
Industry View

Dear Jeremy: make profit-to-members the default

The Australian Institute of Superannuation Trustees has submitted to the Cooper Review that all default superannuation funds should be managed under the not-for-profit governance model. AIST CEO, FIONA REYNOLDS, here argues why that should be the case, acknowledging a few areas where the model itself could be improved along the way.
Industry View

Dear Jeremy: make profit-to-members the default

The Australian Institute of Superannuation Trustees has submitted to the Cooper Review that all default superannuation funds should be managed under the not-for-profit governance model. AIST CEO, FIONA REYNOLDS, here argues why that should be the case, acknowledging a few areas where the model itself could be improved along the way.
Industry View

They still call the default fund home

A comprehensive new survey on member investment choice switching shows that few with access to MIC were panicked by the global financial crisis. What does it take for super fund members to switch? Prior to the global financial crisis many theorised that soaring investment returns were a key reason for member complacency. Despite fears at […]
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