Mergers continue in industry fund sector

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AGEST Super and AustralianSuper have finalised plans to merge their two funds and create a Public Sector Division of AustralianSuper. The merger will see AustralianSuper create a new Public Sector Division, which will capture and build upon AGEST’s position as a fund of choice for current and former public sector employees, and enhance AustralianSuper’s size, […]

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AustralianSuper building in-house investment talent

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AustralianSuper is pleased to announce the appointment of Innes McKeand to the Fund’s newly created role of Head of Equities. In this role, Mr. McKeand will be responsible for the development and implementation of a comprehensive strategy for the construction and management of AustralianSuper’s equities portfolio, which consists of both Australian and international equities across […]

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AustralianSuper appoints Head of Brand

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Nickie Scriven joins the Fund in newly-created role x AustralianSuper today announced the appointment of Nickie Scriven to the newly-created position of Head of Brand.  Ms. Scriven started with AustralianSuper yesterday. x Ms. Scriven will report to James Coyle, General Manager of Marketing and Communications. x Mr. Coyle said that Ms. Scriven will play a key […]

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Is the war over? Advisers and AustralianSuper trial a new approach

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AustralianSuper flags a revolution in advice with adviser panel trial results In a statement likely to have lasting implications for the financial advice and superannuation industries, AustralianSuper today declared that the FoFA reforms have created an environment in which the Fund and selected planner groups can work together in the interest of members. The dramatic […]

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AustralianSuper announces resignation of Bernie Fraser from Board

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Fund well positioned to continue delivering for members. AustralianSuper has today announced Independent Director Bernie Fraser will be stepping down from the AustralianSuper Trustee Board. x Mr Fraser has been the Independent Director of AustralianSuper and its predecessor funds (STA and ARF) since 1996. During that time he has also been Chair of the Investment […]

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AustralianSuper appoints new Board member

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Western Australian-based Director appointed to AustralianSuper Board AustralianSuper has today announced the appointment of Western Australian-based Simone McGurk as a Director on the AustralianSuper Trustee Board. Ms McGurk is currently a Director of the Westscheme superannuation fund, a Western Australian State Training Board member, the UnionsWA Secretary and a member of the ACTU executive. Elana […]

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AustralianSuper urges MPs to support reforms

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AustralianSuper Chief Executive Ian Silk said the prospect of an increase in the Super Guarantee (SG) from 9 per cent to 12 per cent had increased as a result of the Federal Government’s announcement on the mining tax. “This would be great news for working Australians as AustralianSuper research shows that increasing the super guarantee […]

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AustralianSuper appoints Head of Infrastructure

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New role reflects increasing importance of infrastructure for the fund AustralianSuper announced today that it has appointed Jason Peasley to the newly-created role of Head of Infrastructure. Mr. Peasley will commence with AustralianSuper on 14 April and will report to Mark Delaney, Chief Investment Officer. Mr. Delaney explained that he was delighted to welcome Mr. […]

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AustralianSuper welcomes launch of MoneySmart.gov.au

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Website will support consumers to make better financial decisions AustralianSuper today announced its support for ASIC’s new personal finance website MoneySmart, launched this afternoon by the Prime Minister, Julia Gillard. MoneySmart aims to help people make good financial decisions by providing free, independent and unbiased information, tools and motivation and is a key part of […]

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Major merger reshapes super landscape

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Landmark consolidation move as AustralianSuper, Westscheme merge In one of the most significant moves in the superannuation industry, AustralianSuper, Australia’s largest industry fund, and fellow industry player, the 200,000-plus member WA-based Westscheme, today announced that they plan to merge. To take effect on 30 June 2011, after the completion of the due diligence process, the […]

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