The Australian Institute of Superannuation Trustees (AIST) has announced its new board, with the addition of Equipsuper chief executive Danielle Press.
Chief executive of legalsuper Andrew Proebstl will no longer be on the board.
Those re-elected in the vote included Hostplus’ Robyn Buckler, Vision Super’s Angela Emslie, Australian Catholic Superannuation and Retirement Fund’s Greg Cantor and AIST president Gerard Noonan.
The Super Members Council has outlined a bold reform plan to boost productivity, lift retirement savings, and unlock super’s full potential.
Women beginning their careers in 2025 could retire with hundreds of thousands of dollars more in super due to the 12 per cent super guarantee rate, HESTA modelling shows.
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.