Tag Archives: Australia
Watch your carbon footprint – Aussie!
The UK’s Financial Conduct Authority last month said it saw a “clear rationale” for regulatory oversight of certain ESG data and rating providers. “We stress that market participants and consumers must be able to trust green and other ESG-labelled … Continue reading
Scheme consolidation? You ain’t seen nothing yet!
Speaking with Aussie legend Nick Sherry, I asked him why he was merging the Transport Workers Super with a much larger scheme “The optimum size of a Super is around $20bn AUS”, said the former minister, TWU is at about … Continue reading
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Tagged APRA, Australia, Big fish, consolidation, DWP, Guy Opperman, little fish, My Super, TPR
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Where you can buy a sausage with a brick…
At this week’s Pension PlayPen coffee morning, Guy Opperman told we could look forward to what was happening in Australia today, being UK pension policy tomorrow, so here – courtesy of the Australian Financial Review is a Government incentive … Continue reading
The OECD signal a change in the weather. So should we!
I published yesterday the OECD’s latest recommendations for the design of DC pension plans I was surprised that they were so radical, though looking back at their “Pensions at a glance” paper last year, perhaps I shouldn’t have been. The … Continue reading
Meanwhile, in Australia – retirement income strategies compared…..
This article is an overwrite of work done by Optimum Pensions’ Peter Rowe in Australia, I’m grateful to my friend Jim Hennington for sharing it. When I read it I was struck by the similarities that Australia’s Super system is … Continue reading
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Tagged Australia, Guidance, Pensions, Retirement Income Covenant, RIC
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COVID-19 Down Under: Australia Catches a Third Wave
WWW.Covid-arg.com By Jennifer Lang and Karen Cutter COVID-19 Actuaries Response Group – Learn. Share. Educate. Influence. Introduction For much of the pandemic, Australia, along with its neighbour New Zealand, has been relatively successful in protecting its population from the … Continue reading
Does Britain need an Aussie style “Retirement Income Covenant”?
The Australian Treasury has recently consulted with its citizens on how to oblige Trustees of its huge Super funds to provide them with retirement income. There are parallels in the UK. Over the autumn and winter, the DWP will … Continue reading
It’s not just what you save, it’s the way you invest it – that’s what gets results
Bananarama and the Funboy Three do not figure on my Spotify playlists , they supplied us with some annoying earworms and the inspiration for this blog but ‘Tain’t What You Do (It’s the Way That You Do It) is a … Continue reading
Australia gets tough on DC funds and so should we
Australia is facing up to some tough questions and it is asking the questions we need to ask. For example, should we assume that all ESG investments a good thing, or are some more beneficial to pension savers than others? … Continue reading
Aussies put pensions to the test (could Britain follow?)
With characteristic bluntness, the Australian Government has decided that if a pension fund is not delivering to its users, it will be starved of new savers until it does. The Australian Taxation Office (ATO) will develop systems that will enable … Continue reading