PROGRAM OUTLINE
STRIKING THE BALANCE

• About our Key Note Speakers
• Timetable
• Detailed timetable

Final Program will be provided closer to the date of the Conference

About our Key Note Speakers

William Greider

A prominent political journalist and author, Greider has been a reporter for more than 35 years for newspapers, magazines and television. Over the past two decades, he has persistently challenged mainstream thinking on economics.

For 17 years Greider was the National Affairs Editor at Rolling Stone magazine, where his investigation of the defence establishment began. He is a former assistant managing editor at the Washington Post, where he worked for fifteen years as a National correspondent, editor and columnist.

He is the author of the National bestsellers One World, Ready or Not, Secrets of the Temple and Who Will Tell The People. In the award-winning Secrets of the Temple, he offered a critique of the Federal Reserve system. Greider has also served as a correspondent for six Frontline documentaries on PBS, including “Return to Beirut,” which won an Emmy in 1985. His latest book “The Soul of Capitalism Opening Paths to a Moral Economy” describes why American capitalism produces so much disconnect and social injury alongside such abundance.

Heidi Miller

Heidi Miller is one of the United States most prominent women in banking and finance. Heidi is the Chief Executive Officer of JPMorgan Chase & Co.’s Treasury & Securities unit; a $6 billion business.

Miller has been intimately involved in the merging of a number of businesses, the most recent being the merger of JPMorgan Chase with Bank One. Prior to this merger, in July 2004, Miller had served as CFO and a board member for Bank One since 2002. She began her career at Chemical Bank in 1979, where she rose to managing director. Miller moved to Travelers Group in 1992 and was named CFO three years later. She was appointed CFO of Citigroup after Travelers and Citibank merged in 1998 and remained in that position until 2000, when she became CFO of Priceline.com. She currently serves on the General Mills, Inc. Board of Directors and is a trustee of Princeton University, where she earned her undergraduate degree in history. She also holds a doctorate degree in history from Yale.

From her vast experience Miller will discuss with CMSF 06 the keys to successful mergers.

Dr Graeme Pearman

Dr Pearman is a National and international expert in research on increasing levels of carbon dioxide in the global atmosphere. He has published over 150 scientific papers.

Prompted by his own assessments and the 1985 WMO/UNEP ‘Villach Statement’ on Climate Change, Dr Pearman decided that as an atmospheric scientist he had a responsibility to actively engage the Australian community by drawing the greenhouse/climate change issue to their attention. As a leading expert on climate change, Dr Pearman has been invited to give a large number of science briefings to government and industry.

Dr Pearman’s current interests span from atmospheric and climatic science and prospects for better management and protection of the atmospheric environment, the need for an effective interface between science and industry as well as science and policy, the need for international collaboration and exchange of scientific information, and the quest for energy efficiency, hybrid motor vehicle technology and sustainable energy use. He initiated early discussions in Australia on hybrid vehicle technology, established with colleagues the Australian Sustainable Transport Round-table, convened a national symposium on the hybrid car and initiated the CSIRO hybrid car projects. He continues to work with the industry on these issues.

Adding to this CMSF 06 will address the following key issues throughout our Plenary Sessions:

FINANCIAL LITERACY

Financial literacy has moved from being a topic of discussion to an item of focus. The Financial Literacy Task Force is now in place. What is the focus of the Task Force, where is the education focus? And are fund members of the future any closer to receiving basic financial education?

Has regulation gone too far? To ensure that Choice achieves more than underwriting the financial planning industry, funds need the ability to assist members with the most basic of information. SomeRegulations designed to protect members can also prevent funds from the more basic levels of member assistance. We will explore the outcomes of the FSR refinements intended to address this concern.

LICENSING – “A POST WAR RECONSTRUCTION”

With an expected 2500 funds being reduced to 350 we will examine many of the issues surrounding licensing including: -How Prudential Regulation will be changed in this new environment -Issues for Transition – what is happening with member accounts and funds who have decided not to get a license?-Once you have your license – what do you need to do to keep it?

OUT WORKINGS OF LICENSING – FUND MERGERS/STRATEGIC ALLIANCES/FUND CLOSURES

What makes a successful merger? Is it always in the best interest of members? Is it scale for scales sake? What are the alternatives? What do funds need to think about when considering their future? And what about the human element of fund mergers – what role does this play in a successful merger?

CLIMATE CHANGE – INVESTMENT RISK OR INVESTMENT OPPORTUNITY?

Whether it’s the Kyoto Protocol or the Asia-Pacific Partnership for Clean Development and Climate Alliance, climate change is upon us. Like superannuation, climate change is very much for the long term. Dr Graeme Pearman, one of Australia’s leading experts on climate change, will outline the latest developments on the climate change agenda to focus upon investment risks and investment opportunities.

MEMBER RESEARCH – LAUNCH OF FINDINGS

UniSuper along with its research partner Deakin University and with the collaboration of TIAA-CREF, have undertaken a project to examine the impact of financial education on retirement goals. The objectives of the research have been to determine the effect of UniSuper’s member education activities on the setting of members retirement goals and savings decisions, and then to compare the results with those of TIAA-CREF (UniSuper’s US counterpart) to see if there were any significant similarities or differences stemming from cultural, environmental, regulatory or other factors.

BEHAVIOURAL FINANCE – THE AUSTRALIAN FACTS AND IMPLICATIONS FOR SUPERANNUATION

This session will focus upon the member and the reality of individual investment behaviours. Analysing more than 6 million daily investment decisions by 800,000 Australian investors, we will examine what these tell us about members as investors – (the first time such data has been studied for managed investments such as superannuation). We will look at behavioural biases in relation to managed investments including gender and wealth effects.

CHOICE – HOW ARE MEMBERS AND EMPLOYERS COPING?

In this session we will be provided with an update on how the Choice legislation has affected employers and members. We will examine how they are coping with the implementation and what funds could be doing better to assist both groups.

Our Workshop Sessions Will Cover :–

• Licensing – how to keep your license – what to expect from your audit
• How to give your communication material a Plain English Makeover
• Group Insurance – Issues arising from Choice
• The Internationalisation of Governance – News Limited and more
• Adequacy and Women – has there been any progress?
• Legal Update – Bankruptcy issues and more
• Communicating with New Technology – “SMS fund reports for Gen Y’s?”
• An expat’s view of the Australian industry 6 years on – how much have things changed?
• How global will Australia’s pension market become?
• Electronic vs. Print medium – how to use them effectively
• Clearing Houses – have they delivered the promise?
• The role of Benchmarks in superannuation investing – threatened species or permanent feature?
• Home country bias – is this a universal truth? Does it matter?
• Understanding risk in credit
• Understanding structured investments – for superannuation trustees
• Administration – Super splitting and other issues
• Suicide Prevention – Update
• The 2005 Excellence Award Winners on what makes a successful communication strategy.
• Why ERF’s are important?

Timetable