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  Sky News interview with Peter Lambert
CEO, Local Government Superannuation Scheme
 
    
The CEO of the Local Government Superannuation Scheme, Peter Lambert, was recently interviewed on Sky News Business Channel. Due to the world market volatility experienced since November last year, members are concerned about their super. Peter comments on issues surrounding this current climate of instability and reminds us that super is a long-term investment. Find out more here...

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Entire interview
 

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Question 1
Have your members been satisfied with your performance to date?

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Question 2
A recent survey came out that said that the majority of people still expect their returns to still be positive. Now has your fund positioned itself to communicate to members that maybe this might not be the case?

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Question 3
Now you have mentioned that you've written to them four months ago. Has your strategy to manage your members' expectations been a bit of a longer term approach?

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Question 4
Your fund looks after Local Government areas. Does that mean that your members tend to be a little bit more engaged than say the average Australian worker?

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Question 5
Now also in terms of having a higher engaged member force, some super funds have been talking about how members are starting to switch from different options in this volatile market. Now is that a smart strategy to take?

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Question 6
Now Peter, this week ASIC, the regulator, came out with a guide for super funds on how to communicate returns to members that included online reporting and looking at previous returns. Do you welcome that initiative?

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