POWERED BY MOMENTUM MEDIA
ASFA appoints two new board directors
The Association of Superannuation Funds of Australia (ASFA) has appointed two new directors to its board, after having completed its annual board nomination and election process.
General manager of MLC Masterkey, Dean Thomas, and chief executive officer of Telstra Super, Martin Crowe, have joined the board as representatives of the retail sector and corporate funds respectively.
ASFA chief, Pauline Vamos, said the 10 board members reflected ASFA's five membership categories: industry funds, public sector, service providers, retail sector and corporate funds.
The new ASFA board is now comprised of the following members: Sunsuper chief Tony Lally and Cbus chief David Atkin, representing industry funds; Michael Dwyer - chief executive officer of First State Super and Brad Holzberger - chief executive officer of QSuper, representing the public sector; service providers Jim Minto (managing director of TAL Limited) and Peter Beck (Pillar Administration chief executive officer); Dean Thomas and Colonial First State Investments general manager strategy, Nicolette Rubinsztein representing the retail sector; and Martin Crowe and Harwood Superannuation Fund chief Roslyn Ramwell from corporate funds.
"ASFA will have significant challenges over the next 12 months dealing with Stronger Super implementation but also dealing with policy development issues around post-retirement and other economic and social policy issues," Vamos said.
"ASFA would also like to take this opportunity and to give very special thanks to board members that retired today - Jane Paskin of Clayton Utz and Janet Torney of QANTAS Superannuation," Vamos added.
Recommended for you
The Federal Court has ordered AustralianSuper to pay $27 million for failures to address multiple member accounts.
The country’s fourth-largest fund is targeting the “missing middle” of members with a new digital advice service in partnership with Ignition Advice.
The prudential regulator confirmed it is considering BUSSQ’s Federal Court appeal.
The Albanese government has put forward a bold proposal to tackle the challenges of Australia’s swelling retirement pool, in an effort to allow superannuation funds to play a more active role in shaping members’ retirement outcomes.
TOP PERFORMING FUNDS
ACS FIXED INT - AUSTRALIA/GLOBAL BOND
Fund name
3y(%)pa
1
Spire Oaktree Opportunities XI Second Close
32.68 3 y p.a(%)
2
DomaCom Lot 21 Chellaston Road Munno Para West SA 5115 Australia
31.78 3 y p.a(%)
3
Spire Oaktree Opportunities XI First Close USD
31.36 3 y p.a(%)
4
Global X GlobalX FANG+ ETF
30.80 3 y p.a(%)
5
Fidante Credit Suisse Global Private Equity
28.31 3 y p.a(%)
