Are you enjoying open access to policy and research published by a broad range of organisations?Please donate today so that we can continue to provide this service.
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...
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...
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...
The funds, entities and regulators involved in the superannuation industry together comprise a system that is complex and dynamic. The differentiation between roles and the distribution of responsibility offers the system as a whole resilience against local failure. However the interconnections that bind and constitute...