Daniel specialises in superannuation, wealth platforms and asset management, working as part of NMG’s Australian Management Consulting practice. With over seven years in the industry, Daniel has worked extensively with both institutional and retail clients on commercial due diligence, business separation, distribution models and market entry strategy projects. Daniel also has experience in the UK wealth markets as part of NMG’s Insights team, with a particular focus on pensions.
November 5, 2020
APRA performance test: consolidation by stealth
It has been difficult to miss APRA’s frustration at the lack of consolidation amongst super funds. The proposed annual performance testing (along with penalties for underperformance) in Budget 2020 may finally provide APRA with the tool to force the Trustee boards of underperforming funds to make the inevitable choice. The test Regulators are ostensibly concerned […]