Person
M. Scott Donald
Working paper
Independence and the governance of superannuation funds
For many years independence has been the catch-cry of policy-makers, regulators and legislators concerned with the corporate governance of listed companies. In Australia, drawing on this model, there has been an increased focus on independence in the context of superannuation fund governance arrangements. As the sector anticipates reform, this paper reports on a series of...
Working paper
Delegation, trust and defaulting in retirement savings: Perspectives from plan executives and members
We combine survey data from retirement plan members with information from interviews with plan executives to get both perspectives on who accepts the default plan and default investment option and why. We use a natural experiment in default construction where a new regulatory framework required providers to have stipulated default settings in place by early...
Working paper
MySuper: A Stage in an Evolutionary Process
We interview Australian fund executives about how their organisations responded to MySuper, a regulatory framework for default retirement savings funds that providers were required to have in place by the beginning of 2014. In addition to providing an account of the influences on product design and how MySuper was perceived by the industry, we discuss...
Working paper
The superannuation system and its regulation: views from fund executives
This paper summarizes views on the superannuation system and its regulation collected through interviews of fund executives.
Working paper
The implications of complexity for systemic risk in the superannuation system
The paper introduces the background to, and initial analytical priorities for, the programme of research funded by CIFR Grant EO33.