Melbourne Mercer Global Pension Index 2019

10/22/2019 12:00 pm 10/22/2019 02:00 pm Australia/Melbourne Melbourne Mercer Global Pension Index 2019

Sydney launch

Supported by the Victorian Government and produced in partnership with the Monash Centre for Financial Studies and Mercer, the Melbourne Mercer Global Pension Index is considered to be one of the most respected and comprehensive benchmarks of global pension and superannuation systems.

Since its inception in 2009, the Index has grown to cover 37 retirement income systems and has significantly advanced our understanding of how well ageing populations are being provided for throughout the world.

Australia's own world-class superannuation system has been regularly ranked among global leaders.

Agenda

12:00 – 12:30 Registration, lunch and networking

12:30 – 12:40 Welcoming speech by Ms. Sally Loane, CEO, Financial Services Council

12:40 – 12:45 Introduction by Prof. Deep Kapur (Director, Monash Centre for Financial Studies, Monash Business School)

12:45 – 13:05 Presentation of MMGPI 2019 by Dr. David Knox, Mercer

13:05 – 13:25 Keynote speech by Ms. Deanne Stewart (CEO, First State Super)

13:25 – 13:55 Panel discussion with Prof. Susan Thorp (University of Sydney) – moderator, Ms. Sally Loane, Ms. Deanne Stewart and Dr. David Knox.

13:50 – 13:55 Panel roundup by Prof Susan Thorp

13:55 – 14:00 Vote of thanks and closing remarks by Prof. Deep Kapur (MCFS)

Speakers profile

Deep Kapur, Director, MCFS

Deep Kapur is a Professor of Practice at Monash Business School and Director of the Monash Centre for Financial Studies (MCFS). Before assuming these positions in November 2017, he worked in the investment industry for 28 years in institutional portfolio management, principal investing, research, advisory and business administration. He has held Managing Director positions with Salomon Smith Barney, Citigroup Global Markets, Daiwa Capital Markets and with the event-driven hedge fund group Symphony Financial Partners.

Deep Kapur’s institutional investment experience spans both systematic and discretionary strategies across all major asset classes. He has practised activist investing, managed asset allocation portfolios for institutional clients and run large teams in investment banks developing systematic alpha strategies, risk management tools, and portfolio trading applications. Early in his career, he advised large institutions on investment strategy and asset-liability management. More recently his research and principal investing interests have expanded to venture capital, illiquid credit, alternative finance and impact investing.

During his tenure in the research department of Salomon Brothers and successor companies, he and his team received top ranks in the Institutional Investor surveys multiple times. He has intellectual roots in behavioural finance, having earned a PhD degree in Economics in 1989 from the Australian National University for a thesis that argued against the efficient markets hypothesis. At various times during his career, he has commercialized insights from academic research.

David Knox, Senior Partner, Mercer

David is the Author of the Melbourne Mercer Global Pension Index.

David is a Senior Partner at Mercer and Senior Actuary for Australia. He is the National Leader for Research and currently the actuary to the Victorian and Tasmanian governments, the Western Australian public sector pension plan and was the industry expert of the threeperson team who conducted a review of Military Superannuation for the Australian Government.

Before joining Mercer in 2005, David was at PricewaterhouseCoopers and prior to that was the Foundation Professor of Actuarial Studies at The University of Melbourne. In his two decades in academia, he acted as a consultant to a range of financial organisations, in both the private and public sectors, specialising in the superannuation and retirement incomes area. He has spoken and written widely in this area and has served on many Government and industry committees.

David was an independent Board member of Australian Prudential Regulation Authority from 1998 to 2003 and President of the Institute of Actuaries of Australia in 2000.

Sally Loane, CEO, Financial Services Council

Sally joined FSC in December 2014. Prior to this she worked in the corporate sector as Director of Media and Public Affairs at Coca-Cola Amatil from 2006-2014. She also spent 25 years in the media industry, working as a journalist for Australia’s major print, radio and television media organisations. Sally spent several years in the press gallery at Parliament House, Canberra as a journalist. She spent over five years as a broadcaster for ABC radio in Sydney where she hosted the Morning program on 702 ABC Sydney.

Sally is Deputy Chair of the Committee for Sydney, Director of Waratahs Rugby, Director of Avner Pancreatic Cancer Foundation, Governor of the Cerebral Palsy Research Foundation and a member of Chief Executive Women.

Deanne Stewart, CEO, First State Super

Deanne has with more than 20 years’ leadership experience in financial services in superannuation and insurance sectors in Australia and internationally. This includes time as Managing Director with Merrill Lynch Investment management in New York, and as an Engagement Manager with McKinsey and Company in London.

Prior to joining First State Super, Deanne was Chief Executive Officer of MetLife Australia, where she led her team to deliver faster, easier and a more caring insurance experience for customers and partners. Her time with MetLife was preceded by senior roles within BT Financial Group including as General Manager for Superannuation, Marketing and Direct Channels.

A hallmark of Deanne’s career has been a passionate commitment to building and maintaining a strong organisational culture to drive business success.

Susan Thorp, Professor of Finance, University of Sydney

Susan Thorp is Professor of Finance. Prior to joining the University of Sydney in 2015, she was Professor of Finance and Superannuation at the University of Technology Sydney. Susan has an honours degree in Economics from the University of Sydney, and a PhD in Economics from the University of New South Wales.

Susan researches household and consumer finance with a particular focus on retirement savings and decumulation. She uses theoretical, empirical and experimental techniques to understand financial decision making. Much of this research has tested the way decision makers respond to advisors, disclosures and choice architecture.

Financial econometrics is another concentration of Susan’s research. She has studied the increased integration that occurs in financial markets during crises, with a recent focus on commodity markets.

Susan has published 40 papers in international academic journals. She has led and participated in grant projects attracting over $3 million dollars in public and industry funding. Susan is also a regular contributor to consumer finance and superannuation policy discussions, and her research is cited by major public reviews and inquiries.

Susan is a member of the Steering Committee of the Melbourne Mercer Global Pensions Index, an annually compiled internationally recognised index of pension system quality, a member of the CEDA Council on Economic Policy and a member of the Research Committee of the OECD/International Network on Financial Education.

Event Details

Date:
22 October 2019 at 12:00 pm – 2:00 pm
Venue:
Financial Services Council, Level 24, 44 Market Street, Sydney
Categories:
General

Description

Sydney launch

Supported by the Victorian Government and produced in partnership with the Monash Centre for Financial Studies and Mercer, the Melbourne Mercer Global Pension Index is considered to be one of the most respected and comprehensive benchmarks of global pension and superannuation systems.

Since its inception in 2009, the Index has grown to cover 37 retirement income systems and has significantly advanced our understanding of how well ageing populations are being provided for throughout the world.

Australia's own world-class superannuation system has been regularly ranked among global leaders.

Agenda

12:00 – 12:30 Registration, lunch and networking

12:30 – 12:40 Welcoming speech by Ms. Sally Loane, CEO, Financial Services Council

12:40 – 12:45 Introduction by Prof. Deep Kapur (Director, Monash Centre for Financial Studies, Monash Business School)

12:45 – 13:05 Presentation of MMGPI 2019 by Dr. David Knox, Mercer

13:05 – 13:25 Keynote speech by Ms. Deanne Stewart (CEO, First State Super)

13:25 – 13:55 Panel discussion with Prof. Susan Thorp (University of Sydney) – moderator, Ms. Sally Loane, Ms. Deanne Stewart and Dr. David Knox.

13:50 – 13:55 Panel roundup by Prof Susan Thorp

13:55 – 14:00 Vote of thanks and closing remarks by Prof. Deep Kapur (MCFS)

Speakers profile

Deep Kapur, Director, MCFS

Deep Kapur is a Professor of Practice at Monash Business School and Director of the Monash Centre for Financial Studies (MCFS). Before assuming these positions in November 2017, he worked in the investment industry for 28 years in institutional portfolio management, principal investing, research, advisory and business administration. He has held Managing Director positions with Salomon Smith Barney, Citigroup Global Markets, Daiwa Capital Markets and with the event-driven hedge fund group Symphony Financial Partners.

Deep Kapur’s institutional investment experience spans both systematic and discretionary strategies across all major asset classes. He has practised activist investing, managed asset allocation portfolios for institutional clients and run large teams in investment banks developing systematic alpha strategies, risk management tools, and portfolio trading applications. Early in his career, he advised large institutions on investment strategy and asset-liability management. More recently his research and principal investing interests have expanded to venture capital, illiquid credit, alternative finance and impact investing.

During his tenure in the research department of Salomon Brothers and successor companies, he and his team received top ranks in the Institutional Investor surveys multiple times. He has intellectual roots in behavioural finance, having earned a PhD degree in Economics in 1989 from the Australian National University for a thesis that argued against the efficient markets hypothesis. At various times during his career, he has commercialized insights from academic research.

David Knox, Senior Partner, Mercer

David is the Author of the Melbourne Mercer Global Pension Index.

David is a Senior Partner at Mercer and Senior Actuary for Australia. He is the National Leader for Research and currently the actuary to the Victorian and Tasmanian governments, the Western Australian public sector pension plan and was the industry expert of the threeperson team who conducted a review of Military Superannuation for the Australian Government.

Before joining Mercer in 2005, David was at PricewaterhouseCoopers and prior to that was the Foundation Professor of Actuarial Studies at The University of Melbourne. In his two decades in academia, he acted as a consultant to a range of financial organisations, in both the private and public sectors, specialising in the superannuation and retirement incomes area. He has spoken and written widely in this area and has served on many Government and industry committees.

David was an independent Board member of Australian Prudential Regulation Authority from 1998 to 2003 and President of the Institute of Actuaries of Australia in 2000.

Sally Loane, CEO, Financial Services Council

Sally joined FSC in December 2014. Prior to this she worked in the corporate sector as Director of Media and Public Affairs at Coca-Cola Amatil from 2006-2014. She also spent 25 years in the media industry, working as a journalist for Australia’s major print, radio and television media organisations. Sally spent several years in the press gallery at Parliament House, Canberra as a journalist. She spent over five years as a broadcaster for ABC radio in Sydney where she hosted the Morning program on 702 ABC Sydney.

Sally is Deputy Chair of the Committee for Sydney, Director of Waratahs Rugby, Director of Avner Pancreatic Cancer Foundation, Governor of the Cerebral Palsy Research Foundation and a member of Chief Executive Women.

Deanne Stewart, CEO, First State Super

Deanne has with more than 20 years’ leadership experience in financial services in superannuation and insurance sectors in Australia and internationally. This includes time as Managing Director with Merrill Lynch Investment management in New York, and as an Engagement Manager with McKinsey and Company in London.

Prior to joining First State Super, Deanne was Chief Executive Officer of MetLife Australia, where she led her team to deliver faster, easier and a more caring insurance experience for customers and partners. Her time with MetLife was preceded by senior roles within BT Financial Group including as General Manager for Superannuation, Marketing and Direct Channels.

A hallmark of Deanne’s career has been a passionate commitment to building and maintaining a strong organisational culture to drive business success.

Susan Thorp, Professor of Finance, University of Sydney

Susan Thorp is Professor of Finance. Prior to joining the University of Sydney in 2015, she was Professor of Finance and Superannuation at the University of Technology Sydney. Susan has an honours degree in Economics from the University of Sydney, and a PhD in Economics from the University of New South Wales.

Susan researches household and consumer finance with a particular focus on retirement savings and decumulation. She uses theoretical, empirical and experimental techniques to understand financial decision making. Much of this research has tested the way decision makers respond to advisors, disclosures and choice architecture.

Financial econometrics is another concentration of Susan’s research. She has studied the increased integration that occurs in financial markets during crises, with a recent focus on commodity markets.

Susan has published 40 papers in international academic journals. She has led and participated in grant projects attracting over $3 million dollars in public and industry funding. Susan is also a regular contributor to consumer finance and superannuation policy discussions, and her research is cited by major public reviews and inquiries.

Susan is a member of the Steering Committee of the Melbourne Mercer Global Pensions Index, an annually compiled internationally recognised index of pension system quality, a member of the CEDA Council on Economic Policy and a member of the Research Committee of the OECD/International Network on Financial Education.


Name
Sharon Sherry
E-Mail
ssherry@fsc.org.au