Big West Australian super fund, Westscheme has a new chair, with the appointment of Eva Skira to succeed Paul Schapper in the role.
Skira, who has a background in banking and capital markets has been a stockbroker and has held positions at the Commonwealth Bank. She is deputy chancellor of Murdoch University.
Schapper’s retirement is consistent with the terms of the Westscheme constitution. He has served on the industry fund’s board since May 1998.
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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