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Super funds experiencing ‘survey fatigue’: LGS

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By James Mitchell
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1 minute read

The superannuation industry is being inundated with surveys, causing some funds to become cagey about disclosing their investments, according to Local Government Super chief executive Peter Lambert.

“There is a bit of survey fatigue that occurs in our industry and some funds just take a view on what surveys they are going to participate in and which ones they won’t – and I understand that,” Mr Lambert told InvestorDaily.

Mr Lambert’s comments come after the release of the Asset Owners Disclosure Project Global Climate Index 2013-14 survey on December 11, which ranked LGS as the top Australian pension fund for disclosure and commitment to low carbon investments.

“Hopefully this survey will gain relevance to investors and more funds will treat it seriously as one they need to participate in,” he said. “because if they don’t participate, my understanding is they may not be able to present themselves in the best possible light.”

Of the 1,000 funds surveyed, 55 asset owners, 46 global pension funds and 8 insurance companies responded.