... interests. The best way to do this varies between industries, but always includes: Assurance for regulatory compliance across industry and business processes. An assurance model should test and validate all parameters in the business, including improving ... Read more

... Commission (PC) recently released its draft report on the efficiency and competitiveness of the Australian superannuation industry. The PC explicitly took on board some findings from the behavioural finance research literature and, in doing so, laid ... Read more

... compliance history will be audited only once every three years. The exact nature of this proposed change will be subject to industry consultation and will apply from 1 July 2019. Industry consultation on this measure will provide more detail on what ... Read more

... superannuation to be at the forefront of innovation - both in terms of their customers and the broader superannuation industry. Again, with the immense data resources at hand, providers are well placed to address and perhaps even solve some of the retirement ... Read more

... executive, chief operating officer and investment committee chair, they offered him the role to help manage the industry fund, which at the time had $2 billion in assets. When he got the call, he was a director of marketing and client service at Pzena ... Read more

... change overnight, as we've seen in the US around guns, and we've had our own examples here, such as the coal seam gas industry and community and state government backlash. It is no longer sufficient to set and forget your ethical or responsible investment ... Read more

... showing assets of over $30 billion have been built up with average balances around $12,000 per member. At the same time an industry of service providers has evolved to provide administration and in­vest these assets. However new players have challenged ... Read more

... technological innovation over the last decade, the number of manual and complex processes within the financial services industry is mind-boggling. One area that is top of everyone's mind right now is group insurance. Late last year, the Australian insurance ... Read more

... solutions; a role in which he delighted working in a smaller team, feeling closer to the members, and learning about the industry fund culture from then chief executive Terry McCredden, a man who he describes as "an inspiring teacher." Davies replaced ... Read more

There is increasing talk about the impact of fintech on the Australian superannuation industry. In some circles, fintech companies are regarded as disrupters, with speculation that innovative players and technology giants such as Facebook, Apple or ... Read more