POWERED BY MOMENTUM MEDIA
Prime Super grows independent board
Industry super fund Prime Super has appointed Jacqueline Kelly as an independent director to its board.
Kelly is the fifth independent board director for Prime Super that has a majority of independent directors together with one union (Australian Workers Union) and one employer (National Farmers Federation) nominated director.
"There is a growing push in the industry to make industry super fund trustee boards more independent... Our board is already largely independent and this structure allows us to remain focussed on members' best interests," Bowman said.
Following the fund's merger with Health Industry Plan (HIP) last year, Kelly is the second director that has extensive knowledge of the health and aged care industry.
"Her commitment to ensuring all Australians have the opportunity to age well and live dignified lives as value members of the community, makes her a perfect fit for Prime Super," Alan Bowman, Prime Super chairman, said.
Kelly has 20 years of experience in the public, private, and not-for-profit sectors and is the CEO of the Lutheran Care Community (LCC).
Recommended for you
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.
TOP PERFORMING FUNDS
ACS FIXED INT - AUSTRALIA/GLOBAL BOND
Fund name
3y(%)pa
1
DomaCom DFS Mortgage
93.34 3 y p.a(%)
2
Global X GlobalX FANG+ ETF
37.15 3 y p.a(%)
3
GAM LSA Private Shares AU I
33.96 3 y p.a(%)
4
Fidante Credit Suisse Global Private Equity
29.68 3 y p.a(%)
5
Plato Global Alpha A
28.73 3 y p.a(%)
