Daily Dispatches: just how good are our super funds?

In a world increasingly focused on good governance, it is not surprising attention is turning to the people and institutions responsible for the $1.2 trillion accumulated in the Australian superannuation system. The world’s fourth-largest super pile needs to be managed efficiently, transparently and prudently. But is it? (Business Day)

The nation could surrender a competitive advantage in banking built up over decades if it adopted global reforms designed to reduce risk in the financial system, former Westpac chief executive David Morgan said yesterday. (The Australian)

There’s something a little sad about AMP’s $4bn bid for AXA’s Australian operation – a bit like a CD and vinyl record shop buying another on the basis of greater scale being a really good and promising back office savings, but you somehow know the main game is moving on. (The Age)

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