Age of activism UniSuper's recent, very public opposition to the Westfield restructure illustrated at least one thing: super funds have clout. Gone are the days when trustees delegated all investment decisions - including shareholder voting rights - to an assortment of external fund managers. Now, some of the big funds have their own in-house managers who have the expertise to make complicated judgments. And as the episode with Westfield showed, they are not afraid to use this expertise.
But what does this mean for businesses? Will super funds become increasingly active in the governance and decision-making of the companies they own? Will they use their clout to force companies to do things they wouldn't otherwise have done? Will they even use their financial muscle to force environmental and social change, divesting from fossil fuels, tobacco and weapons manufacturers? Or is this all hyperbole? FS Super associate editor James Fernyhough sat down with UniSuper chief investment officer John Pearce to
 Delivering digitalFirst State Super recently created the senior executive position of chief digital officer. It marks a significant moment for the $53 billion not-for-profit ...  Rethinking retirementChallenger's Jeremy Cooper talks to FS Super about retirement income, challenging some dearly-held beliefs about the drawdown phase of superannuation.  Above the restDamian Hill, chief executive of $27 billion REST Industry Super, shares his views on how the fund will continue to deliver better-than-average investment ...  Leader with latitudeFrom a trickle to a trillion dollar industry, superannuation has become a force to reckon with. FS Super talks to leading superannuation CIOs and COOs ...  Trillion-dollar question$1.3 trillion worth of responsibility does not leave a lot of room for error, and with nothing but more volatility ahead it is only right that the chief ... |
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Leading the way
SHARON DAVIS
NON-EXECUTIVE DIRECTOR
FUTURE GROUP AUSTRALIA HOLDINGS PTY LTD
NON-EXECUTIVE DIRECTOR
FUTURE GROUP AUSTRALIA HOLDINGS PTY LTD
Sharon Davis has always been fascinated by the human condition; it has driven her passion for people, her career, and building a better future for the next generation and beyond. Eliza Bavin writes.
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