FSI – active managers need to find their voice
15 December, 2014 David Murray is probably not top of the Christmas card list for active managers this year. After all, they just got a chunk of the blame for the FSI’s conclusion that the Australian super system is not realizing the full benefits of scale: “costly asset management and active investment strategies” is the […]
Read more...Super in 2025 – a big industry, but also a brutal one
What will the super industry look like in 2025? For those who didn’t make it there, this was the subject of our presentation at the 2014 ASFA Conference. Unless compulsory SG is abolished, the growth of super is assured. It will be huge by 2025 – around $5 trillion in assets, depending on how […]
Read more...Retail lapse rates: what are we missing?
The life insurance industry is already battling rising lapse rates and claims, declining sales growth and sub-hurdle returns on capital. The release of ASIC’s review of retail life advice, and particularly the surveillance findings, will lead to further soul-searching – even if the surveillance was not random but targeted AFSLs and practices with the highest […]
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