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Birds of a feather
On the subject of the Super Review Super Fund of the Year awards, Rollover was pleased to see that The Heron Partnership managing director, Chris Butler, once again used his speech to the gala dinner to liken particular superannuation funds to various bird species.
The 2016 awards represented the third occasion on which Butler had used his bird analogies and Rollover noted that David Elia's Hostplus was once again described as the "seagull" of the industry in large part because of its propensity to be seen at sporting venues.
It is hard to argue with Butler's observation, in circumstances where the Hostplus logo has become an almost ubiquitous sight not only at major sporting arenas but on the jerseys and shorts of those playing there.
Rollover was pleased to note that Butler had this year promoted CommInsure to being the Yellow Hammer of the superannuation bird kingdom, largely as a result of the colour of its plumage.
Rollover has suggested to Butler that he might next year consider naming a fund as the Indian Miner - but then again, the Miner is regarded as an invasive pest and your correspondent cannot possibly say who deserves that title.
AUTHOR
The Rollover
Rollover is a jaded hack who joined the staff of Super Review nearly two decades’ ago and never managed to summon the energy to leave. Known throughout the superannuation industry as a power-luncher and gossip, Rollover spends his time humouring fund managers, eavesdropping at conferences, dozing through briefings and looking for his next free meal.
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As a history buff, Rollover is well-aware of the importance of the role the vanguard plays in a military force, as the leader at the front of battle.
Now that crypto investing is mainstream, with Rest Super announcing it will put a portion of its funds into it, Rollover wonders whether his grandkids will think he is hip when he shows them his crypto balance in his new digital wallet.
Rollover is almost as fascinated by superannuation fund mergers as the deputy chair of the Australian Prudential Regulation Authority (APRA), Helen Rowell.
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