Funds management
Draft report
Superannuation: alternative default models - draft report
An efficient superannuation system is critical to help Australia meet the economic and fiscal challenges of an ageing population. The superannuation system has accumulated over $2 trillion in assets. Given the system’s size and growth, the system is of central importance to funding the economy and delivering retirement incomes. MySuper has been a strong step...
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
MySuper: a new landscape for default superannuation funds
This report examines the Australian superannuation default fund landscape following the introduction of MySuper. The two main products are outlined – single strategy ‘balanced’ and lifecycle – including their underlying asset allocation and glide path strategies.
Working paper
Agency theory and financial planning practice
This paper compares and contrasts mainstream agency theory with financial planning practice in Australia. It appears to be the first attempt to do so. It extends an influential mainstream contribution to the literature on agency theory and then uses this extension, in conjunction with other theoretical contributions, to shed light on actual contracts between investors...
Report
Risk management and climate change: the role of the financial services sector
The funds management and superannuation sectors could potentially play a role in providing additional information on long-term climate risks through their investments. However, current incentive structures, which focus on the short-term performance of fund and investment managers, have potentially limited sustainability factors investment decisions.