Industry superannuation fund Mine Wealth + Wellbeing has changed its name to Mine Super in a bid to better reflect its heritage and refreshed purpose and vision.
Mine Super chief executive officer, Harry Mitchell, said the fund’s evolution would continue to help members achieve exceptional retirement outcomes.
He said the brand evolution was an important milestone in the execution of Mine Super’s new strategic plan, but that the fund remained “of the mining community and for the mining community”.
“Although we’ve changed our name to Mine Super, our core values remain the same: a commitment to the financial future of our members, and a pledge to have their back.”
Jim Chalmers has defended changes to the Future Fund’s mandate, referring to himself as a “big supporter” of the sovereign wealth fund, amid fierce opposition from the Coalition, which has pledged to reverse any changes if it wins next year’s election.
In a new review of the country’s largest fund, a research house says it’s well placed to deliver attractive returns despite challenges.
Chant West analysis suggests super could be well placed to deliver a double-digit result by the end of the calendar year.
Specific valuation decisions made by the $88 billion fund at the beginning of the pandemic were “not adequate for the deteriorating market conditions”, according to the prudential regulator.