POWERED BY MOMENTUM MEDIA
Industry Super Network expands joint marketing campaign
Newly merged fund Energy Super has reaffirmed its connection to the Industry Super Network (ISN) by joining its joint marketing campaign.
According to Energy Super chairman Bob Henricks, the move is part of the fund’s plan to retain existing members, attract new members and bolster funds under management.
Energy Super was formed on 1 April this year from the merger of ESI Super and SPEC Super, which was previously involved in the joint marketing campaign.
“Energy Super and the Industry Super Network … share the same philosophies and principles, and we look forward to working together to promote the benefits of industry super funds and advocating on behalf of our members,” Henricks said.
ISN deputy chief executive Alison McIvor said she welcome Energy Super to the fold, as it would further enhance the ISN’s ability to advance the sector and interests of industry super fund members.
Energy Super is a $3.8 billion industry super fund with 45,000 members.
AUTHOR
Ashleigh McIntyre
Recommended for you
The two funds have announced the signing of a non-binding MOU to explore a potential merger.
The board must shift its focus from managing inflation to stimulating the economy with the trimmed mean inflation figure edging closer to the 2.5 per cent target, economists have said.
ASIC chair Joe Longo says superannuation trustees must do more to protect members from misconduct and high-risk schemes.
Super fund mergers are rising, but poor planning during successor fund transfers has left members and employers exposed to serious risks.
TOP PERFORMING FUNDS
ACS FIXED INT - AUSTRALIA/GLOBAL BOND
Fund name
3y(%)pa
1
DomaCom DFS Mortgage
88.01 3 y p.a(%)
2
Global X 21Shares Bitcoin ETF
72.60 3 y p.a(%)
3
Global X GlobalX FANG+ ETF
44.46 3 y p.a(%)
4
Pengana High Conviction Equities B
39.12 3 y p.a(%)
5
Pengana High Conviction Equities A
39.05 3 y p.a(%)
