Why the whole world is suddenly paying attention to Aussie super
Apr 4, 2024 · As the assets under management in the Australian superannuation system continue to grow – now up to $3.7 trillion – and as populations around the world age, Australia’s compulsory savings regime is attracting global attention.. While it has its shortcomings – including the need to evolve from a primary focus on worker savings to …
The Future Fund can walk and chew gum at the same time
Dec 18, 2024 · Claims that the Future Fund is being conscripted for political proposes in addressing climate change are misguided. It is the only responsible course of action for this government to want to pull sensible levers to mitigate the climate crisis, while staying within the investment return and governance guardrails established by the fund’s founders.
Unlisted asset governance raises more trustee competence …
Dec 17, 2024 · A 12-month review by APRA into super funds’ unlisted asset valuation and liquidity practices has highlighted a range of findings the regulator has labelled as “concerning”. The review echoes similar concerns raised in the independent report by Deloitte that revealed shortcomings with how the skills and competencies of trustees appointed to the Cbus board are assessed and verified.
Cbus bullish on Chinese equities in a split from peers
Oct 17, 2024 · The Magnificent Seven is a catchy moniker but investors have been warned that not all of them will live up to the name. In fact, some active equity shops are ready to pounce on the non-discerning market by gaining exposure to the ‘Formidable Two’ – best of the best names in the Magnificent Seven that will likely alone outperform the group.
How to avoid turning operational crises into catastrophes
Dec 18, 2024 · Calamities and disasters can take many forms, and while some can be planned for, others cannot. But regulators are expecting super funds to be ready for them all. Novigi’s Kevin Fernandez explains how funds can put a good plan in place for building operational resilience which – if cannot help with preventing a crisis – can help funds recover fast.
Designing a retirement experience that hits the mark with members
Dec 5, 2024 · Investment Magazine provides in-depth, monthly analysis of trends and developments for all the businesses in which superannuation funds engage‚ including asset allocation, investment manager selection, custody and fund accounting, member administration, group insurance and compliance.. We acknowledge the Traditional Custodians of this land upon which Conexus Financial sits, the Cadigal of ...
Super assets hit $4 trillion as systemic risks loom
Nov 28, 2024 · Superannuation assets in Australia have pushed past the $4 trillion mark, blessed with strong inflows and investment performance. According to APRA quarterly statistics released on Wednesday, the total superannuation assets stood at $4.1 trillion as at 30 September 2024, representing a 13.4 per cent increase compared to September last year.
Industry funds claim 6 of 10 highest-paid super CEO jobs
Mar 12, 2024 · CEOs of super and sovereign wealth funds received upwards of $3 million in total remuneration in the 2023 financial year, according to Investment Magazine's latest analysis based on fund reports and APRA data. CEOs of many of the funds included in the analysis could expect to receive better compensation elsewhere in financial …
AustralianSuper, NEST open up on challenges of growth and culture
Dec 12, 2024 · The challenges faced by Australia's largest superannuation fund, AustralianSuper, have some strong parallels with the challenges faced by the UK's largest defined-contribution fund, NEST. The Fiduciary Investors Symposium at the University of Oxford heard how each fund is leaning into its growth challenges from a cultural and investment perspective.
Data determinism will redefine retirement - Investment Magazine
Dec 5, 2024 · Investment Magazine provides in-depth, monthly analysis of trends and developments for all the businesses in which superannuation funds engage‚ including asset allocation, investment manager selection, custody and fund accounting, member administration, group insurance and compliance.. We acknowledge the Traditional Custodians of this land upon which Conexus Financial sits, the Cadigal of ...