NSW electricity industry-based fund, EISS Super, has begun the tender process to select an asset consultant.
The tender process is being run by Deloitte and follows on from a needs assessment recently undertaken by the fund.
EISS, which has been named as a finalist in the Super Review Super Fund of the Year Awards, has undertaken much of its asset allocation in-house.
In its pre-election policy document, the FSC highlighted 15 priority reforms, with superannuation featuring prominently, urging both major parties to avoid changing super taxes without a comprehensive tax review.
The Grattan Institute has labelled the Australian super system as “too complicated” and has proposed a three-pronged reform strategy to simplify superannuation in retirement.
Super funds delivered a strong 2024 result, with the median growth fund returning 11.4 per cent, driven by strong international sharemarket performance, new data has shown.
Australian Ethical has seen FUM growth of 27 per cent in the financial year to date.