Day Two - Superannuation Reform
Thursday 14th October, 2010

8:00
WELCOME , coffee & networking
8:30
WELCOME REMARKS FROM THE CHAIR
IMPLEMENTATION OF GOVERNANCE STRUCTURES
& A NATIONAL DEFAULT FUND
8:40
Effective governance structures

  • The impact of My Super on trustees
  • Best practice governance across the industry
  • Prudent risk management parameters
Mark Baxter, Chief Risk Officer – Wealth Management
Commonwealth Bank of Australia
9:10
The implementation of New Default Fund arrangements

  • What would enhanced fiduciary duties for trustees imply
    for default products?
  • Taking complexity out of the product and allowing
    easier and more uniform comparisons; what are the
    roles for funds and the industry?
  • Fostering member engagement in the context of simplified
    products with few member choices
Ross Clare, Director, Research and Resource Centre
Association of Superannuation Funds of Australia Limited
(ASFA)
9:50
MORNING TEA & NETWORKING
THE FUTURE FOR SELF-MANAGED SUPER SOLUTIONS
10:10
Tailored superannuation solutions

  • Developing a holistic approach to policy for self-directed super
  • Value-adding for investors
Michael Brown, General Manager, Smartsuper
Perpetual
10:50
SMSF end-to-end solution for accountants and financial
advisors

  • Self-managed super funds compliance
  • Data feeds
  • Document retrieval and delivery
  • SMSF formation
Ron Lesh, Managing Director
BGL Corporate Solutions
ROBUST FINANCIAL ADVICE MODELS
11:30
Positioning for success in a fee-for-service world

  • Moving from commissions to fees – making the most of it
    and overcoming the challenges
  • Articulating the value of financial advice with a compelling
    client value proposition
  • How to price advice
  • Building a client experience that matches the tiers of
    services offered
  • Having confident conversations when positioning fees
    with clients
Greg Connolly, Head, Business Implementation Fee Based
Readiness
AMP Financial Planning
12:10
Lunch
1:20
Offering financial advice as an Industry Super Fund

  • A consumer-centric national financial advice service
  • Retirement and income stream strategies
  • Keeping a competitive edge as financial planning moves to
    a fee-for-service model
Debby Blakey, Executive Manager – Member Advice
HESTA
2:00
Effective planner remuneration models

  • Moving towards fee-for-service
  • Hybrid remuneration structures
  • Banning of commissions and what this means for platform
    and dealer groups
Rick Di Cristoforo, Managing Director
Matrix Planning Solutions
TAILORED RETIREMENT PLANNING SOLUTIONS
2:40
Creating comprehensive integrated retirement income
solutions to engage members

  • Increasing member engagement with the system
  • Low-cost frameworks and good standards
  • Dynamic thinking and future vision
  • Implementation of holistic life-time solutions
Professor Michael Drew, Managing Director,
Lifecycle Strategies
QIC
3:20
Afternoon Tea & Networking
PRODUCT TRANSPARENCY
3:40
Improving the research process to increase product
transparency

  • Ensuring effective rating of products
  • A transparent relationship between product manufacturer
    and the research house
  • A well-governed system to ensure a non-conflict environment
Peter Johnston, Executive Director
Association of Independently Owned Financial Planners
4:20
Effective rating of products to ensure transparency for
consumers

  • Clearer super choices
  • Matching governance solutions
  • Enabling consumers to make more informed decisions
Rashmi Hansi Mehrotra, Head of Wealth Management,
Asia-Pacific
Mercer
5:00
CLOSING REMARKS FROM THE CHAIR
& CLOSE OF CONFERENCE