The Association of Superannuation Funds of Australia (ASFA) has postponed its conference to 3 to 5 February, 2021.
The ASFA Conference was due to be held in November 2020 in Brisbane but has been moved due to the increasing COVID-19 cases in Victoria and the “unfolding situation” in New South Wales, an announcement said.
The conference would still be held at the Brisbane Convention and Exhibition Centre.
“We think it is critical for the industry to come together in a physical environment to reflect on the challenges of the year past and refocus on bettering outcomes for our members,” ASFA said.
Amid a challenging market environment, three super fund CIOs have warned against ‘jumping at shadows’.
The professional body is calling for the annual performance test to transition to a two-metric test, so it better aligns with the overarching duty of super fund trustees to act in the best financial interests of their members.
AustralianSuper, Rest, and HESTA agree on the need to retain and enhance the test, yet they differ in their perspectives on the specific areas that warrant further refinement.
Australia’s second-largest super fund has confirmed it is expanding its presence in the UK following significant investment in the region.
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