AUSTRALIA - A growing number of superannuation funds are already well-placed to deal with the introduction of legislation concerning operational risk reserves, research by Mercer shows.
A survey by the firm found that out of 28 industry, public sector and corporate superannuation funds, 75% said they already had a reserve in place compared with just 56% in 2008. The research fo...
To continue reading this article...
Join Professional Pensions
- Unlimited access to real-time news, analysis and opinion from the industry
- Receive our in-depth monthly magazine in either print or digital format
- Access our Sustainable Investment Hub covering news and opinion from thought leaders in the ESG space
- Receive important and breaking news stories selected by the Editors in our daily newsletter
- Hear from industry experts and other forward-thinking leaders
- Receive a monthly members-only newsletter with exclusive opinion pieces from leading industry experts and a feature from the magazine in advance of its release date