A new report from CEM Benchmarking shows that the Your Future Your Super (YFYS) performance test lifts system-wide outcomes. But size of fund is no silver bullet.
The regulator says it doesn’t “blindly adopt” a big is good, small is bad approach, and is concerned the industry is consolidating too quickly.
While most super funds will deliver their members a negative return this year amidst an indiscriminate selloff, they remain well ahead of their long-term objectives.
Federated Hermes is looking to expand its stewardship and private markets services in Australia as the rapidly consolidating super sector is forced to go global.
Mercer Super Trust’s merger with Westpac’s superannuation assets will prepare the retail fund for a new era of competition in Australia’s rapidly consolidating super sector.
Your Future, Your Super (YFYS) is creating a two-speed system in unlisted property where the biggest funds are forced offshore and the smallest must play in their own backyard. That might soon change.
As big super pursues an engagement-focused approach to sustainability, the challenge will be making its real-world impacts felt by both members and executives.
With the advent of the Retirement Income Covenant (RIC), super funds can finally move forward on the decumulation phase. But they shouldn’t try to “boil the sea.”
Active management will be increasingly important for defined contribution (DC) retirement savings schemes as value-for-fees, expected lower future returns and sustainable investment preferences come to the fore, according to a new MFS white paper.
Life isn’t always easy at the small end of town, but the $5 billion legalsuper is kicking against APRA’s orthodoxy that bigger is nearly always better.
In less than 20 years there will likely be a trillion-dollar super fund. So how will it throw its awesome weight around? It might have been premature to label AustralianSuper our first mega-fund. After all, it gives little room to move when coming up with a descriptor for a fund that will someday manage $1…
More diverse organisations have consistently outperformed those that are less diverse. But neurodiversity is still largely an unknown quantity in many of them. The term “neurodiversity” was first coined by researcher Julie Singer in the late 90s, and popularized by journalist Harvey Bloom. It holds that there is simply “a diversity of human minds and…