Person

M. Scott Donald

M. Scott Donald PhD CFA is Deputy Director of the Centre for Law, Markets and Regulation, UNSW Law and External Consultant at Herbert Smith Freehills. After a successful career conducting research for and advising private and public sector institutional investors in Australasia, the UK and Europe for Russell Investment Group, he returned to Australia in 2005 to embark on an academic career examining the regulation and governance of superannuation funds, Australia’s equivalent of the private pension schemes found in many common law countries. He is widely published and regularly presents his research at academic, industry and professional conferences in Australia and overseas.

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...
Working paper

Independence and the governance of superannuation funds

The failure of the Federal government’s Superannuation Legislation Amendment (Trustee Governance) Bill 2015 to pass through the Senate in November 2015 means that the political spotlight has for the time being shifted away from the issue of independence on superannuation fund boards. This creates a...
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...
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...
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.