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| | | Local Government Super has signed with MSCI Inc to introduce ESG risk and impact tools to its portfolios. The $6bn super fund currently invests around $3.3bn in responsible investment strategies and will use MSCI's environmental, social, and governance ... |
| | | | The strength of the Australian currency has led many to believe our economy is also resilient, but the local economy is falling well behind the Asian region, according to one senior chief economist. Clifford Bennett, chief economist at the White Crane ... |
| | | | MySuper continues to generate hysteria among some superannuation industry commentators and it's time to remind ourselves what it is and, more importantly, what it is not. MySuper is the government's response within its StrongerSuper reform package to ... |
| | | | With only one more round of sitting days currently scheduled for both chambers of parliament, it seems increasingly unlikely that the proposed FOFA legislation will pass through both houses before Christmas. Added to this is the fact that the government ... |
| | | | Four senior fund chairs were quizzed on various aspects of fund governance during this week's ASFA conference, which included the independence of directors and whether a time limit should be placed on a board member's tenure. Neil Cochrane, chair of ... |
| | | | Advisers have focused too much on industry funds and not enough on their own value proposition said the insurance professional development service, The Risk Store, in its latest newsletter. "Criticism of the industry funds' advertising tactics is possibly ... |
| | | | The Trust Company is considering outsourcing some of its back office administration, following the example of Perpetual, which struck a deal with Macquarie Investment Management earlier this month. Speaking after the Trust Company reported a 16% increase ... |
| | | | ... 'alignment' is often bandied about, but we believe we have truly achieved clear alignment between the client's interests and ours," said Peter Mahoney, head of distribution, Solaris. "If we don't outperform the benchmark - we don't get paid. Any underperformance ... |
| | | | As misery spreads through global stock markets, Australian investors are reminded to wait patiently for a turnaround in fortunes to ensure they don't lock in their losses. The continued extreme volatility saw the Australian stock market fall to its ... |
| | | | ... standards is key to uniting the planning industry, for the benefit of planners and consumers. "It is incumbent on firms like ours to lift their standards and ensure the education people are getting is absolutely first class," said Barrett. "We [the retail ... |
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