2024年11月15日 · The UK Chancellor of the Exchequer Rachel Reeves has pledged to turn the nation’s pension providers into Australian- and Canadian-style “mega-funds”, by supercharging consolidation with measures such as imposing minimum size requirements on defined contribution funds. But while there has been a positive link between scale and investment performance in the Australian market, mega funds ...

2024年11月11日 · Mega fund AustralianSuper said it is still feeling the pain from its very public loss in US software company Pluralsight, and even with $341 billion of assets under management, a $1.1 billion write-down is still too big a chunk of money to let go easily. But at the Fiduciary Investors Symposium, the fund’s senior private equity portfolio manager Robert Schnittger, said the most important ...

2024年11月19日 · The $34 billion Brighter Super is set to shift a significant proportion of equities assets in MySuper from passive to active management. Chief investment officer Mark Rider says the move is possible because of the scale created by mergers, and the fund will be looking to its newly appointed active managers to generate performance through the cycle by taking idiosyncratic risks.

2024年4月4日 · 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 …

2024年7月11日 · Less than six months into the top job at Insignia Financial, chief executive Scott Hartley has overhauled the executive team and installed a CEO for its $180 billion superannuation arm. In the next two to three years, Hartley is planning to make some serious progress on the “unfinished business” that is consolidating the wealth giant’s scattered pension operations.

2024年11月20日 · Treasurer Jim Chalmers has unveiled a policy agenda targeting the retirement phase of superannuation, including a legislative change that will allow funds to provide new retirement product features like money back guarantee. The reform package was described by Chalmers as “necessary” and the result of “consultation and collaboration” with industry in his foreword to the inaugural ...

2024年11月20日 · The task of creating a world-class retirement system is only half-done, the Grattan Institute says. In a new report, it proposes a fix to the retirement phase based on systematic annuitisation, alongside account-based pensions, to circumvent reliance on individual funds getting their act together under the Retirement Income Covenant, which it says will take too long and produce inconsistent ...

2024年12月10日 · Insignia Financial has shifted to outsource administration of its $180 billion superannuation assets, inking a deal with SS&C and reassigning 1300 workers to the service provider during the process. The decision stands in stark contrast to peers such as Aware Super, which recently internalised member services, but CEO …

2024年12月5日 · The task of creating a world-class retirement system is only half-done, the Grattan Institute says. In a new report, it proposes a fix to the retirement phase based on systematic annuitisation, alongside account-based pensions, to circumvent reliance on individual funds getting their act together under the Retirement Income Covenant, which it says will take too long and produce inconsistent ...

2024年11月4日 · Active ownership is not only critical for investors to ensure portfolio companies have sound corporate and sustainability governance, but when carried out appropriately and with consistency, it also has strong diversification merits, the Investment Magazine Fiduciary Investors Symposium has heard. Senior portfolio manager at the $300 billion Australian Retirement trust, Peter Barany, said an ...