HOSTPLUS chief executive David Elia has been elected to the board of the Association of Superannuation Funds of Australia (ASFA) to represent industry funds.
The election took place at ASFA's annual general meeting last week.
ASFA chief executive Pauline Vamos said departing board member and Cbus chief executive David Atkin had made an invaluable contribution.
"The board has greatly benefitted from his leadership, particularly during this historic time of reform," Vamos said.
Sunsuper chief executive Tony Lally was re-elected to the chair of the ASFA board for another 12 months at the board meeting that followed.
The research house has offered a silver lining after super fund returns saw the end of a five-month streak last month.
A survey of almost 6,000 fund members has identified weakening retirement confidence, particularly among those under 55 years of age, signalling an opportunity for super funds to better engage with members on their retirement journey.
The funds have confirmed the signing of a successor fund transfer deed, moving closer to creating a new $29 billion entity.
A number of measures, including super on Paid Parental Leave, funding to recover unpaid super, and frameworks to encourage investment in the energy transition, have been welcomed by the superannuation industry.
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