Qantas Super

Investment Strategy

Ian Silk’s grand ambition for super endorsed by CEOs

Ian Silk’s call for the superannuation industry to raise its game and take on the “grand ambition” of giving all Australians an adequate income in retirement has been endorsed by a cross-section of leading figures. The chief executive of AustralianSuper was speaking at the Association of Superannuation Funds of Australia (ASFA) annual conference in Brisbane, […]
Investment Strategy

The serial director: A profile of Qantas Super’s chair

The chair of Qantas Super, Anne Ward, has an extensive and eclectic background working in the boardroom including as chair of Zoos Victoria, the Centre for Investor Education, a director of the Foundation for Imaging Research, and a governor of the Howard Florey Neuroscience Institutes. Investment Magazine speaks to the woman who has made a […]
Governance

Super Salary Survey: Differences in Disclosure

What do the explanations for remuneration strategies given by funds reveal? The biggest clichés in super fund remuneration statements are that the trustees consult with independent external consultants to ensure pay is in line with industry standards and that incentive pay for CEOs and CIOs is based on key performance indicators (KPIs). Usually this is […]
Hedge Funds

Only one fund saving millions through tax efficiency

This week marks the two year anniversary of Qantas Super becoming the first Australian superannuation fund to implement tax managed centralised portfolio management. Last year it saved $23.6 million for members in its default fund – a figure similar to the year before, or an average of 38.3 basis points per year since it launched […]
Investment Strategy

Paul Costello joins board of $6.2bn Qantas Super

Paul Costello has been appointed as a employer representative director of the Qantas Super Board. He will join four other employer nominated directors all of whom are appointed for an indefinite period of time, subject to a formal performance assessment process every year. He joins following General Sir Peter Cosgrove’s departure in January, which led […]
Unintentional

Qantas Super excels at segmentation

Cheap, effective member segmentation starts with an Excel spreadsheet, according to Jane Perry, chief executive of Qantas Super, who has recently used it to initiate targeted communications. The fund’s return on investment has been a 23 per cent response rate to a targeted mail shot aimed at gaining email and mobile phone numbers from members […]
Custody

The paperless boardroom

The classic board table scene is changing. Where once it featured stacks of board papers, now it’s increasingly common to see a series of iPads instead. It’s a new way of communicating for trustees, as boards transition to universal adoption of mobile devices. It’s easy to assume the move to paperless is entrenched in the […]
Policy and Regulation

Risk standards: keep them simple

In addressing new compliance standards for risk, QANTAS Super has increased the scope of its trustee liability insurance. The move is one of a range of measures to comply with the new prudential standards framework. The insight from Hugh Loughrey, head of legal, risk and compliance for the fund, was made at an Association of […]
<2of3>