Weaven and Smith influential

superannuation funds superannuation industry chief executive federal opposition

4 July 2007
| By Mike Taylor |

Industry Fund Services executive chair Garry Weaven and outgoing Association of Superannuation Funds of Australia chief executive Philippa Smith have emerged as having had the most influence in the superannuation industry, according to the latest IUS/Super Review survey.

The survey asked respondents to pass judgement on Weaven, Smith, the Federal Treasurer, Peter Costello, and the Federal Opposition spokesman on superannuation, Senator Nick Sherry.

Weaven emerged with the highest score, generating an index of 70.7, followed by Smith with 59.7, Sherry with 53.7 and Costello with 52.1.

However, the Treasurer can take solace in the knowledge that respondents judged him second to Weaven in terms of their most positive ranking — it is just more people felt negative about him than the other survey subjects.

A spokesman for Classical Economic Analysis said it was likely the number of survey responses obtained from the Conference of Major Superannuation Funds influenced the survey result.

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