superannuation system

Hedge Funds

The diminishing role of agents

I’ve always been frustrated by interviewing consultants and the lack of conviction they have about their decisions. “What would your ideal model portfolio look like?” I constantly ask. “It depends on the client” is the predictable and consistent answer. That may be valid, even true, but it speaks to a wider problem. Consultants are hired […]
Hedge Funds

Academics to optimise super

A $9-million grant to academics to discover ways of improving the superannuation system will help put Australia in a position to sell its know-how to the rest of the world. This call by Simon McKeon, former Australian of the year and chair of the Commonwealth Scientific and Industrial Research Organisation (CSIRO), was made as he […]
Policy and Regulation

Super Council to deliver equitable outcomes

Women in Super has welcomed the government’s proposed Council of Superannuation Custodians, to be established in association with a Charter of Superannuation Adequacy and Sustainability. Announced as part of the swathe of changes the Gillard government ushered in this month, the council and charter are intended to assess future policy and provide reports to Parliament, […]
Hedge Funds

Super system needs new frame to manage outcomes

Dr Ken Henry’s comments at the Association of Superannuation Funds of Australia (ASFA) Investment Interchange debate entitled ‘Should the super industry invest more in fixed interest?’ have re-ignited the discussion about the optimal portfolio mix of stocks and bonds in a superannuation account. His comments are important in that they strike at the heart of […]