Companies sometimes seek changes to covenants during the life of a 10 to 15-year note. In this article, we examine the issues that can prompt such a request.
The recent NAB Super Evolution conference considered the implications of low interest rates on investments and asset allocations, and how that could affect superannuation returns.
Amid an expensive market and an uncertain global economy, fund managers are cautioning discipline, though there are opportunities for investors to look outside traditional markets and work on assets.
The super sector will undergo changes in the next five years that will bring fewer and larger funds, more intrusive regulators and a sharp focus on returns and fees, says Martin Fahy, chief executive officer of the Association of Superannuation Funds Australia.