scale

Industry View

An operational revolution

The Australian superannuation industry has been placed under tremendous pressure from a variety of directions. In recent years it has suffered countless government inquiries into fees charged to members. As guardians of national wealth, some of this attention is expected. In response, industry funds now have an opportunity to prepare for the future and end […]
Governance

HOSTPLUS to offer “soft merger” platform

HOSTPLUS is inviting smaller funds to join them in a “soft merger” by giving access to its investments in a pooled superannuation trust. The fund is building a platform, which it hopes to have ready by the end of the year, that will give other fund and SMSFs access to each investment on a unit […]
CMSF

Reforms not about industry consolidation

The Stronger Super reforms aren’t aimed at pushing out smaller funds, says Ross Jones, deputy chairman of the Australian Prudential Regulation Authority (APRA). Speaking on a panel with the commissioner of the Australian Securities and Investments Commission (ASIC), Greg Tanzer, Jones responded to concerns about the impact of reform on smaller funds. “The issue with scale […]