POWERED BY MOMENTUM MEDIA
ASFA calls for industry-wide super policy forum
The Association of Superannuation Funds of Australia (ASFA) will provide an industry-wide forum for stakeholders to discuss superannuation policy.
ASFA chief executive Pauline Vamos said the industry body welcomed the announcement from the Financial Services Council that it will work with the Industry Super Network on super policy.
"For over 50 years, ASFA has brought all sectors of superannuation together to deliver outcomes that are in the best interests of fund members," she said.
"For some time now we have been advocating for other industry bodies to work together, particularly when it comes to the big picture issues in superannuation."
ASFA will write to all stakeholders to convene an industry-wide forum for industry bodies to discuss superannuation policy.
"As a result we feel that the stage is set for the next level of collaboration amongst all interested parties, from the larger funds that they represent through to smaller funds, self-managed super funds, financial planners, actuaries, investment consultants and many more," said Vamos.
AUTHOR
Staff Writer
Money Management staff writers are writers who contribute to the website from time to time. If you would like to discuss the content contained within this article please contact us.
Recommended for you
Super funds had a “tremendous month” in November, according to new data.
Australia faces a decade of deficits, with the sum of deficits over the next four years expected to overshoot forecasts by $21.8 billion.
APRA has raised an alarm about gaps in how superannuation trustees are managing the risks associated with unlisted assets, after releasing the findings of its latest review.
Compared to how funds were allocated to March this year, industry super funds have slightly decreased their allocation to infrastructure in the six months to September – dropping from 11 per cent to 10.6 per cent, according to the latest APRA data.
TOP PERFORMING FUNDS
ACS FIXED INT - AUSTRALIA/GLOBAL BOND
Fund name
3y(%)pa
1
Spire Oaktree Opportunities XI Second Close
61.07 3 y p.a(%)
2
Spire Oaktree Opportunities XI First Close USD
59.21 3 y p.a(%)
3
DomaCom Lot 21 Chellaston Road Munno Para West SA 5115 Australia
31.73 3 y p.a(%)
4
Fidante Credit Suisse Global Private Equity
30.15 3 y p.a(%)
5
DomaCom 4/27 Crombie Avenue Bundall QLD 4217 Australia
26.71 3 y p.a(%)
