Energy Super provides investment clarity
Queensland-based industry fund, Energy Super has launched a new web-based investment tracking tool for its members.
The fund announced this week that the tool would allow members to track which specific properties, infrastructure, equities, government bonds and other assets their super was invested in.
It said the tool, embedded into the fund’s web site not only highlights the asset classes used by each of the fund’s investment options, but details each asset class’ managers, the funds underlying investments and value.
Commenting on the tool, Energy Super chief executive, Robyn Petrou said it was intended to provide a deeper level of fund transparency and accountability, and responded to growing member interest about where their super was actually invested.
“Our challenge was to develop a way to show members, in a simple but informative manner, the range of assets their super is invested in,” she said. “We’ve achieved this by creating an easy-to-understand table showing our investment options and the asset classes each of these invests in, with additional detail on each asset class’ managers and investments behind it.”
Recommended for you
Equity offerings should be “seriously considered” by advice firms if they want to attract experienced advisers with the option viewed as a major differentiator for candidates seeking their next role.
DASH Technology Group has enacted two internal promotions, appointing a chief risk officer and chief commercial officer to strengthen the firm’s governance and operational capabilities.
The Stockbrokers and Investment Advisers Association has announced the appointment of its new chief executive following the exit of Judith Fox after six years.
Insignia Financial has appointed an experienced financial advice leader as head of education and advice on its Master Trust business, who joins from Ignition Advice,
