Editor's Choice
'Easy peasy, done': Senate rips Equity Trustees' checklist governance
|A Senate committee tore into Equity Trustees' governance at a hearing today, with one senator calling its approach to onboarding Shield and First Guardian a "checklist model", a characterisation the trustee rejected.
ASIC zeroes in on recurring compliance breaches
|ASIC has warned financial advice licensees to address lapses in reference checking, professional indemnity insurance and superannuation advice practices in an update released this week.
First-mover costs stifle digital finance: report
|Despite Australia boasting the technology and institutional capabilities for digital finance, several factors, including high barriers to first-movers, are derailing growth.
Brookfield wins US$1bn mandate from Nuclear Liabilities Fund
Brookfield Asset Management has secured an initial US$1 billion mandate from the UK's Nuclear Liabilities Fund to manage a multi-asset portfolio.
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When geopolitics becomes a portfolio risk
Geopolitics is back - again - and Australian investors can no longer treat it as distant background noise.
Does association membership still matter?
With all the changes the advice sector has experienced in recent years, such as regulatory reform and increased education and professional standards ...
Digital assets and where they stand in 2026
So far in 2026 digital assets have captured the headlines largely for the wrong reasons, but that doesn't tell the full story.
Rethinking default design in a changing market environment
The evolution underway in the US DC system highlights the value of periodically reassessing default design assumptions.
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Sarah Shaw
GLOBAL PORTFOLIO MANAGER
4D INFRASTRUCTURE
4D INFRASTRUCTURE
It wasn't confidence that prompted Sarah Shaw to walk away from established investment houses and co-found 4D Infrastructure in 2015. It was something she believes is far more important: courage. By Vinny Vucago.
The Financial Standard podcast Tune in each week as we discuss the latest developments in Australia's wealth management industry. |  |
Article should have quoted PC Finding 4.3 for balance. Should have mentioned most MySuper members are younger and have left MySuper by age 50. Their added value from higher growth options, both individually and collectively for the fund, compounded over time should be included in any assessment. Its is a very very big known issue that must be quantified in an outcome assessment and acting in members best interests. It is not a simple assessment on a funds own return, option return or just sequencing risk reduction. Some have got it, others are catching on, and the depth of the issue will evolve and be exposed over time particularly as the funds Outcomes Assessments are released. As an analogy, no fund would now exclude fund manager survivor bias - but it used to happen. A third of Mysuper funds have already moved to simple age only life-cycling, that will move on to better well-designed life-cycle defaults and more funds will then follow.