The Industry Super Network (ISN) has changed its name to Industry Super Australia (ISA), with chief executive David Whiteley saying the change reflected the growing role of industry superannuation in the nation’s economy.
The announcement comes after ISA formed a strategic partnership with the Financial Services Council, with the two associations to work together on the critical issues for superannuation in Australia.
“We’ve been successful advocates for making the system fairer - including the reforms to financial advice and the banning of commissions,” Whiteley said.
“And most importantly, our outperformance has meant better average returns to our members,” he added. “We’ve achieved this with a governance model that sees an equal representation of employers and employees who work together and act only in members’ interests.”
ISA represents five million members across the industry super fund sector who work for 600,000 Australian employers.
Private market assets in super have surged, while private debt recorded the fastest growth among all investment types.
The equities investor has launched a new long-short fund seeded by UniSuper, targeting alpha from ASX 300 equities using AI insights.
The fund has strengthened efforts to boost gender diversity, targeting 40:40:20 balance across its investment teams by 2030.
The lower outlook for inflation has set the stage for another two rate cuts over the first half of 2026, according to Westpac.