Go online to see more on a featured story each issue.

In partnership with evoTV, ASFA brings you an interview with one of our subject matter experts from Superfunds.

This month on evoTV.com.au, Andrew Meakin, Promentor Director, discusses in detail the pros and cons of private equity investments and why the internal rate of return calculation is fundamentally flawed.

CONTENTS - November 2009 issue

12 A matter of trust By Michael Laurence
Funds who communicate directly and frequently with members are faring much better when it comes to a matter of trust.

18 A glowing example By David Knox
Australia’s retirement income system stands up against its global counterparts.

22 Governance – reaching the endgame
Here is a sample of ASFA’s recommendations on several key questions raised by phase one of the Cooper Review.

26 Getting into lifecycles By Michael Drew
When it comes to the default option, we can do better for super fund members.

28 Weighing up choice By John McIlwraith
We’ve been moving to provide fund members with more choice for over a decade but what is the market reality?

32 Welding a new system? By Maria Saraceni and Eleanor Powell
The state of play in award modernisation.

36 Creating the ideal fund By Claire Keating
The asset management industry has become distant from the consumers of its products, even before the GFC.

40 Efficiency: more than just plug and play By Iain Dunstan
Achieving greater efficiency may not be just a matter of utilising the latest IT solution.

42 Maximising after-tax returns By Andrew Nolan, Brian Hender, Kate Misic and Andrew Kateiva.
Measuring performance on an after-tax basis aligns investment manager behaviour with member returns.

46 Reflections on a new world order By Carolyn Swanson
Is Asia the new global financial centre? After 30 years in Japan, FTSE’s Paul Hoff certainly believes so.

48 If you build it, will they come? By Peter Philip
Will a clearinghouse drive employers towards e-contributions?

52 Out of the mainstream By Carolyn Swanson
QSuper strategist and animal lover Helen Davis is adjusting to a whole new life.

54 Private equity: keep an eye out By Andrew Meakin
Trustees need to go into private equity with their eyes wide open.

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