Terms and Conditions:

• Entry into the prize draw is open to ASFA members and Superfunds subscribers only. One entry per member/subscriber only will go into the draw.
• Survey closes Friday, 12 March 2009 at 5pm AEST. 
• The survey must be completed in full and contact details provided for entry to be deemed valid. The survey can be completed anonymously but will be not be eligible for the prize draw.
• The prize is not redeemable for cash.
• Draw will take place at the ASFA office on 31 March 2010. Winner will be notified by email.

CONTENTS - February 2010 issue

12 Software: when is it time to trade up? By Keith Power
The admin software industry says the so-called ‘evils’ of the legacy system aren’t quite as bad as they’re made out.

16 Emerging from the clouds By Brendan Swift
Direct or indirect? Listed or unlisted? In the post-GFC environment, what’s the deal with property?

20 Good on paper By John Burnett
Will we see more paper-based projections provided to super fund members?

22 Small funds...big issues By Ben Power
As the number of SMSFs continues to grow, who will be held accountable – advisers or trustees?

26 Inflation: are we pulling in the same direction? By Susan Buckley
Is your fund ready for rising inflation?

30 A super health check By John McIlwraith
Without super, the health of the Australian economy would have fared much worse during the GFC.

32 What is a charge? By Robert O'Donoghue
When it comes to charges over fund assets what are the things trustees can and can’t do?

36 What it means to be loyal By Carolyn Swanson
Lessons learned as an international sporting legend have stood Phil Kearns in good stead for his stellar business career.

38 Good things...small packages By John McIlwraith
Many believed boutique fund managers would struggle to survive the GFC but the sector has thrived by concentrating on its core strengths.

41 Trustee Time By Sue Dahn
The first in a new column for Superfunds aimed at trustee issues, focuses on the conundrum of fiduciary responsibility to default fund members.

42 Emerging opportunities By Alexander Kozhemiakin
Funds are starting to look at emerging market local currency debt as a means of diversification.

DEPARTMENTS