Editor's Choice
Actuaries Institute proposes new performance test measure
The Actuaries Institute has proposed revising the annual superannuation performance test, so it better aligns trustees' investments with the best financial interests of members.
JANA appoints new director of client development
The new appointment previously worked for APSEC Funds Management.
MSC Certane wins Suncorp mandate
MSC Certane has been appointed as trustee for Suncorp's latest note issue.
Auditors lambast mandatory climate reporting requirements
The peak accounting body said most auditors believe the government's mandatory reporting rules are a "significant miscalculation".
Further Reading
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Sponsored by | Why it could be a good time to be a growth contrarianGrowth-style companies are in vogue, but you may need to think outside the box to ensure you don't overpay. |
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Featured Profile
Fiona Mann
HEAD OF LISTED EQUITIES AND ESG
BRIGHTER SUPER
BRIGHTER SUPER
Brighter Super head of listed equities and ESG Fiona Mann was shaped by a childhood steeped in military-like discipline and global nomadism. Andrew McKean writes.
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.