The Commonwealth Bank has rebranded its corporate superannuation fund Officers' Superannuation Fund to Commonwealth Bank Group Super.
In an effort to align the offering to the Commonwealth's national brand, Commonwealth Bank Group Super chief executive Doug Carmichael said the rebrand forms part of a strategy to better engage its members.
"We are clearly highlighting to members who we are, what we do, and where we come from," he said.
"But more importantly, the rebrand is about ensuring we deliver on our commitment to better interact with our members, to better inform and educate, and to better help members make the right choices for their retirement lifestyle," Carmichael said.
Superannuation funds are expanding their activities in the advice space and a leading recruitment firm has shared the typical salaries on offer with three funds namechecked for their attractive offerings.
The council has urged government to avoid shifting ballooning CSLR costs onto 12 million low- and middle-income Australians.
Australia's superannuation success had built a substantial pool of retirement capital but it has created liquidity challenges as the system has outgrown the domestic market for investment opportunities, writes BNY's Otto Vaeisaenen.
Australia's largest super fund has announced its new chief financial officer as the fund prepares for its next phase of growth.