LGIAsuper will change its name to Brighter Super from 1 July following the merger with Energy Super last year and acquisition of Suncorp’s superannuation business.
The fund would have $31 billion and 260,000 members.
Group chief executive, Kate Farrar, said the name had been chosen to reflect the value of the legacy funds and that it would expand nationally beyond its base in Queensland.
“The investment in our new look and brand reflects the values of its legacy funds and their unwavering commitment to delivering world-class retirement outcomes for you, our members.”
“Each of the legacy funds has a rich history of serving Queenslanders. United, the funds under the Brighter Super banner will now expand nationally to provide the same level of personal service for which each fund has been known and trusted.”
Cbus has swiftly promoted Leigh Gavin to chief investment officer only months after naming him deputy, as the fund works towards growing in size and bringing its investment expertise in-house.
Bravura CEO Andrew Russell has announced he will be stepping down from the company, just under two years after his appointment.
The $16 billion fund has teamed up with a retirement income product specialist to give its members more confidence to spend in retirement.
The super fund-owned institutional investment manager has appointed an internal candidate as its next head of operations.