Former TAL chief executive, Jim Minto, has been named as the interim chief executive of the Association of Superannuation Funds of Australia (ASFA).
Minto, who was previously chairman of ASFA, has been confirmed in the interim role by ASFA independent chairman, Michael Easson.
He said Minto would become acting CEO from 16 July until the appointment of a permanent CEO.
Easson said the board intended to conclude its thorough selection process by announcing a new CEO on Monday 5th September.
Treasurer Jim Chalmers has hit back at critics of the Division 296 super tax changes, saying it shows commentators’ aversion to substantive tax reform.
Australia’s superannuation funds are on track to post another year of strong performance, with the median growth fund returning an estimated 9 per cent for the 2025 financial year, according to research from Chant West.
The UK aims to boost investments via Australia’s super fund sector, unlocking major bilateral business and growth opportunities.
The Future Fund has received government approval to internally manage transactions in Australian infrastructure and property, marking a significant shift in its investment approach after nearly two decades of relying solely on external managers.