AIST

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.

Labor and the superannuation industry are still running their victory lap, but concerns around disclosure and consolidation loom large in the background.

While the best financial interests’ duty (BFID) has seen some super funds think twice about ESG,
reconciling ESG and responsible investment with best financial interests’ duty isn’t the hurdle some think.

While big super is all in on its newly-acquired nation building goals, a hint of caution about member outcomes pervaded last week’s AIST Superannuation Investment conference.

Nobody has a crystal ball, but you don’t need one to know that things could be more difficult from here on out. For some funds, it’s back to “investing 101.”

The Australian Institute of Superannuation Trustees (AIST) has argued that funds should be permitted to use their operational risk financial reserve (ORFR) to upgrade their systems and prevent future risks earlier. The ”blunt” 0.25 per cent of fund capital that funds must hold in their ORFR is now becoming a “very significant sum” for some…

Mercer has proposed a slew of tax changes to address the super system’s “inherent bias towards high income earners” and reduce the gender pension gap. Under Mercer’s proposed changes, individuals with balances over $5 million would be required to reduce their balance to that amount and those over the age of 75 would be required…

The inquiry into common ownership has given us that rarest of things: a moment of bipartisan stupidity. There are so many wonderful ways to waste taxpayer money. You can use it to pay for business-class flights to Canberra, or Craig Kelly-style political stunts, or even give it away to profitable multinational corporations in the middle…