POWERED BY MOMENTUM MEDIA
Michael Dwyer recognised for Lifetime Achievement
The chief executive of First State Super, Michael Dwyer has been awarded an Industry Lifetime Achievement Award by Super Review.
Dwyer, who will retire as First State’s CEO in November received his award during the Super Review Super Fund of the Year Awards in Melbourne.
Dwyer was honoured with the award owed to his contribution to the superannuation industry not only as fund chief executive but also as a director of the Association of Superannuation Funds of Australia (ASFA) and as the inaugural chairman of the Fund Executives Association Limited (FEAL).
He will be succeeded as CEO of First State Super by former MetLife Australia chief executive, Deanne Stewart.
Recommended for you
Super funds had a “tremendous month” in November, according to new data.
Australia faces a decade of deficits, with the sum of deficits over the next four years expected to overshoot forecasts by $21.8 billion.
APRA has raised an alarm about gaps in how superannuation trustees are managing the risks associated with unlisted assets, after releasing the findings of its latest review.
Compared to how funds were allocated to March this year, industry super funds have slightly decreased their allocation to infrastructure in the six months to September – dropping from 11 per cent to 10.6 per cent, according to the latest APRA data.
TOP PERFORMING FUNDS
ACS FIXED INT - AUSTRALIA/GLOBAL BOND
Fund name
3y(%)pa
1
Spire Oaktree Opportunities XI Second Close
61.07 3 y p.a(%)
2
Spire Oaktree Opportunities XI First Close USD
59.21 3 y p.a(%)
3
DomaCom Lot 21 Chellaston Road Munno Para West SA 5115 Australia
31.73 3 y p.a(%)
4
Fidante Credit Suisse Global Private Equity
30.15 3 y p.a(%)
5
DomaCom 4/27 Crombie Avenue Bundall QLD 4217 Australia
26.71 3 y p.a(%)
