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.
First Nations Australians have faced systemic barriers accessing super, with rigid ID checks, poor service, and delays compounding inequality.
“Slow and steady” appears to be the Reserve Bank’s approach to monetary policy as the board continues to hold on to its wait-and-see method.
AFCA’s latest data has shown a decline in complaints relating to superannuation, but there is further work to be done, it has warned super funds.
Limited exposure to fossil fuel companies has positively impacted the performance of Australian Ethical’s balanced and growth funds, the super fund says.