Big maritime industry fund, the Stevedoring Employees Retirement Fund, is seeking a new chief executive officer.
The fund has retained the services of a head-hunting firm in circumstances where well-regarded superannuation fund executive, Ross Taylor is overseeing operations and carrying the title of Interim CEO.
SERF, while not amongst the largest industry funds, is regarded as being influential because of the number of its members with high balances and the proportion of those members still covered by defined benefits arrangements.
The Australian Prudential Regulation Authority (APRA) has placed superannuation front and centre in its 2025-26 corporate plan, signalling a period of intensified scrutiny over fund expenditure, governance and member outcomes.
Australian Retirement Trust (ART) has become a substantial shareholder in Tabcorp, taking a stake of just over 5 per cent in the gaming and wagering company.
AustralianSuper CEO Paul Schroder has said the fund will stay globally diversified but could tip more money into Australia if governments speed up decisions and provide clearer, long-term settings – warning any mandated local investment quota would be “a disaster”.
The Super Members Council (SMC) has called for streamlined super reporting to cut costs, boost investment flows, and strengthen retirement outcomes.