When it comes to mergers, it is the ‘people’ side of change that can easily come unstuck. To maximise merger value it’s important to have a well-considered stakeholder plan in place.
Chris Dvoracek contributed this feature about how to ensure staekholder buy-in to the December 2011 issue of SuperFunds.
Careful communications is vital to the success of any fund merger. My experience working with funds on their merger communications tells me it pays to follow a seven-step process:
Read more »The final details of the Government’s Stronger Super reforms released on 21 September 2011 have implications for funds around disclosure and how they market themselves. A MySuper environment may well compound the “My super is taken care of and I don’t need to do anything” attitude of many members but this will make it even…
Read more »How super funds disclose the investment risks for their investment options will soon be standardised under new industry guidelines designed to provide members with greater transparency. A ‘Standard Risk Measure’ applies in Short form Product Disclosure Statements issued on or after 22 June 2012. Trustees can choose to adopt the Standard Risk Measure earlier as…
Read more »ASIC has issued a regulatory guide and class order relief to assist super fund trustees in providing member with an estimate of their likely retirement benefit. Previously, there was a question as to whether the provision of retirement forecasts to members constituted personal advice. The ASIC regulatory guide and class order relief (CO 11/1227) explains…
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