YFYS

Once a stalking horse for a small cabal of noisy backbenchers, “Home First, Super Second” has found its way into the Coalition’s policy arsenal ahead of an unpredictable election.

The emissions intensity of the ASX has some investors with a home country bias looking for an exclusionary approach. But decarbonising Aussie equities isn’t as simple as ditching them.

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.

Big super’s long march toward the future will be fruitful. But adopting the Canadian Model of pension management means coming to grips with the dual questions of legitimacy and governance.

Labor can do little to change the past. But a win in May could usher in a new era of co-operation between big super and the government. There were no surprises in shadow finance minister Stephen Jones’ speech to the 2022 ASFA conference. There is little that Labor can outright promise the industry aside from…

Big super seems to be experiencing an identity crisis. But former federal treasurer Wayne Swan has provided a unifying vision for Australia’s gargantuan pool of retirement savings. Former federal treasurer Wayne Swan’s speech at ASFA’s 2022 conference comes as super experiences something of an identity crisis. Executives are fretting over how to maintain their culture…

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…

The Your Future, Your Super (YFYS) test is here to stay – but CIOs are still adapting to the idiosyncrasies of their new benchmarks. “The performance test gives you an additional target,” Anna Shelley, CIO of AMP, told the ASFA Conference on Wednesday (27 April). “And you can be the best archer in the world,…

Your Future Your Super (YFYS) will make super funds bigger and more risk averse – except when it doesn’t, according to a new report from J.P. Morgan Asset Management (JPMAM). The report, which follows J.P. Morgan’s inaugural survey of super fund executives, shows that CIOs are now adapting their investment strategies to the demands of…

Australia’s super funds are racing to achieve massive size in the understanding that it will create untold benefits for members. But “a little but of circumspection and caution” is required. “People seem to be taking it as a fact that you just need to be bigger, and that it’s obvious you need to be bigger…