CMSF 2019
Sole purpose test needs overhaul
Clarity is needed around the sole purpose test for super funds which want guidance on how not to break the rules.
Elizabeth FryMarch 14, 2019
REST
CMSF 2019
Rest members choose how they access advice
Rest’s Greg Fleming discusses the options it provides for advice delivery and the many impacts of the Hayne royal commission.
Alice UribeFebruary 19, 2019
Opinion
REST case to set climate risk precedent
A case against REST is a world first and will make law on whether trustees breach their fiduciary duties when they ignore climate change.
David BarndenJanuary 7, 2019
Investment Strategy
Inside Rest’s $750 million insurance tender
The fund for retail workers puts the focus on the people behind the providers in its first open tender in 14 years.
Alice UribeDecember 17, 2018
Royal Commission
REST denies charged premiums breached super laws
The fund's submission to the Hayne inquiry rejects assertions that it engaged in behaviour that fell below community expectations.
Alice UribeOctober 3, 2018
Royal Commission
REST owns up to 184 potential crimes
The super fund blames inadequate systems that were too reliant on hardcopy claim forms for inadvertent breaches of the SIS Act.
Ben HurleySeptember 24, 2018
Insurance
Where has all the innovation gone?
With insurance claims on the rise and insurers’ profits on the way down, the industry is in danger of sacrificing innovation in the rush to restore profitability
Ben PowerAugust 9, 2016
Hedge Funds
War of words on fees
When Fiona Trafford-Walker, director of consulting at Frontier Advisors, told the AIST ASI conference in September that after years of talking about the possibility of lower fund management fees, funds were starting to make major breakthroughs, there was little fund manager feedback on the speech. Here Franklin Templeton, Schroders, and Vanguard all give their feedback. […]
David RowleyNovember 26, 2015
Investment Strategy
Winners of annual AIST awards named
The Australian Institute of Superannuation Trustees (AIST) has used its annual awards to highlight the strides many not-for-profit super funds are taking in the use of targeted marketing, social media and in increasing women’s super balances. At last night’s 2015 Awards for Excellence, both funds and individuals were recognised. Equip was a double winner at […]
David RowleyNovember 13, 2015
Hedge Funds
Members’ market fears calmed
Funds experienced a higher than usual number of members switching out of growth assets in the market turmoil of the past few weeks, but nowhere near as high as the switching levels of 2008. Better communications have been attributed for the lower levels of switching as US markets experienced one of their largest ever one […]
David Rowley and Dan PurvesAugust 31, 2015