POWERED BY MOMENTUM MEDIA
LGIAsuper selects JANA
Queensland-based local government focused industry fund, LGIA Super has changed asset consultants – choosing JANA to replace Willis Towers Watson.
The decision to choose JANA ended the fund’s 17-year relationship with Willis Towers Watson.
Confirming the move, LGIA Super chief executive, Kate Farrar said the appointment reflected JANA’s deep understanding of members’ needs.
“As a boutique fund, LGIA Super appeals strongly to high value members starting to think about retirement and wanting confidence that their fund’s investment strategy is going to protect them from market downturns, while taking advantage of the considerable growth opportunities in the mid-market,” she said.
The selection of JANA followed a competitive tender process.
Recommended for you
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.
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
31.72 3 y p.a(%)
3
Spire Oaktree Opportunities XI First Close USD
31.36 3 y p.a(%)
4
Fidante Credit Suisse Global Private Equity
29.60 3 y p.a(%)
5
Global X GlobalX FANG+ ETF
27.64 3 y p.a(%)
