SUBBED

CMSF

Dan Mori: do what’s right

Whether facing the enemy, or the first day of a conference, something will go wrong and you must have people within your organisation who can adapt and overcome, according to retired Lieutenant Colonel of the US Marine Corp, Dan Mori. Mori, who had a 28-year career in the US Marines including defending David Hicks before […]
CMSF

Delegates swayed by equity manager

A leading equity manager persuaded delegates of the virtue of relatively high equity holdings in superannuation portfolios. At the start of this session, Justin Wood of Vinva Investment Management asked delegates to consider if members’ investments outside of super should be considered when setting a default investment strategy. The initial feedback from the audience was […]
CMSF

Fear and complexity key to disengagement

Disengagement in superannuation funds is caused by members’ fear of loss, confusion over decision making, and embarrassment at small savings levels, a behavioural economist told delegates. The findings came from interviews with 1500 super fund members carried out by market research firm, the Leading Edge. It found 67 per cent had no interaction with their […]
CMSF

Board independence under Q&A microscope

Not unlike a typical edition of ABC’s Q&A, host Tony Jones moderated a robust discussion on yesterday’s Super Q&A panel. Opening CMSF 2013, the panel debated a potential leadership spill in Labor, super reform fatigue and executive pay disclosure. Perhaps most controversial was the debate on equal representation on boards, with Garry Weaven, chair of […]
CMSF

“EU will survive no problem”,
US in recovery

The European Union will survive and the US economy will bounce back, according to international experts speaking at a CMSF plenary session. Andreas Huebner, senior managing director of Lazard, said the “EU will survive no problem” but acknowledged there was a long way to go, with economic fundamentals still weak. He sees the real problem […]
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 […]
CMSF

Maximising tax efficiency

There have been a number of studies that look at the after-tax returns of investment managers and conclude that for individual taxable investors, most managers do not generate enough excess return to cover the tax bill caused by the resulting capital gains tax. Superannuation funds have a lower tax rate than individuals, but the tax […]
CMSF

Helping to address the underinsurance gap

In today’s digital world, super funds are under increasing pressure to provide mobile and tech-savvy members with a greater range of online tools and capability. At the same time funds are grappling to balance a range of other priorities, including regulatory change and pressure to deliver superior member outcomes. Over the past eight years, we’ve […]
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