This week is the last opportunity for super funds to hold the consultants they turn to for everything from asset allocation to merger advice accountable for the services they provide, with Super Review’s survey into the sector closing this Sunday.
The survey would result in ratings of the major consultancy groups, in a move that some within both the super and consulting industries have said is sorely needed. Despite the reliance of funds on consultants, the level of transparency and review available on the service, pricing, and staff they offer is surprisingly lacking.
Please help us determine which consultants are the best at what by completing our survey here by Sunday. It will take under 10 minutes and individuals responses won’t be disclosed.
The results will be revealed both in the next print edition of Super Review, out on 11 July, and in an award at the Super Fund of the Year Awards in Melbourne in August.
Jim Chalmers has defended changes to the Future Fund’s mandate, referring to himself as a “big supporter” of the sovereign wealth fund, amid fierce opposition from the Coalition, which has pledged to reverse any changes if it wins next year’s election.
In a new review of the country’s largest fund, a research house says it’s well placed to deliver attractive returns despite challenges.
Chant West analysis suggests super could be well placed to deliver a double-digit result by the end of the calendar year.
Specific valuation decisions made by the $88 billion fund at the beginning of the pandemic were “not adequate for the deteriorating market conditions”, according to the prudential regulator.