Justine Turnbull quoted by Investment Magazine

Justine Turnbull was quoted in an April 4 story “Pay survey insights” from Investment Magazine on the second annual Investment Magazine remuneration study of the largest Australian institutional investors which revealed who received the largest increase in total remuneration, who achieved the biggest bonus and which super funds had the greatest differences between chief executive and chief investment officer pay. Turnbull believes a move towards performance pay will be unavoidable. She said that there’s non-monetary benefits in those environments and the funds are seen as nice places to work, and we shouldn’t undervalue that, but if we want to try and drive top performance there has to be an at risk component of pay.