AIST

The merger between ISA and AIST has created a new organisation that will court both sides of politics to “advocate for the interests” of more than 10 million Australians.

As the Australian Institute of Superannuation Trustees disappears, a piece of super history – one that led to the creation of many of the institutions the industry relies on today – is likely going along with it.

Size, internalisation and globalisation are now front of mind for every large fund in Australia – but every fund approaches them differently, and there’s little agreement on the benefits of the new offshore push.

Two of Australia’s leading superannuation bodies will soon be no more. In their place will be a new, merged entity intended to be a “powerful advocate” for the superannuation system and the funds that comprise it.

Martin Fahy has stepped down as CEO of the Association of Superannuation Funds of Australia (ASFA) after seven years at the helm where he played a “pivotal role” in addressing the policy and regulatory changes of the period.

Garry Weaven’s collected writings offer a fascinating history of both the industry fund movement and one of its key architects – and a warning not to stick with the pack.

There’s too many associations around, and the proposed tie-up between the AIST and ISA could bring super closer to a single voice at a time when it needs it more than ever. The problem is what that voice might say.

The Australian Institute of Superannuation Trustees (AIST) is exploring a merger with Industry Super Australia as external pressure grows on industry associations and the funds they service.

A partnership with the Australian Institute of Superannuation Trustees (AIST) gives HSBC an opportunity to shop its services to the country’s biggest investors.

It’s the government’s hope to get a “simple” objective for superannuation across the line. The problem might be getting everybody else to stop talking about comfort and adequacy in retirement.