AustralianSuper

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AustralianSuper
Non-Profit
IndustryIndustry superannuation
Key people
Ian Silk, CEO
Mark Delaney, CIO
ProductsSuperannuation
Websitewww.australiansuper.com

AustralianSuper is the largest Australian superannuation and pension fund, with roughly 1 in 10 Australian workers as members.[1]

AustralianSuper is an industry superannuation fund run only to profit members. AustralianSuper has a MySuper authority, meaning it can accept default contributions from an employer on behalf of employees who have not nominated a superannuation fund. It is owned by the Australian Council of Trade Unions (ACTU) and employer peak body the Australian Industry Group (Ai Group).

As of 2017, AustralianSuper had more than $120 billion assets invested around the world, including shares, airports, office blocks and shopping centres.[2]. This includes two-thirds of London's Kings Cross Central development.

As of June 2018, AustralianSuper was managing approximately $140 billion (AUD$) for 2.2 million members, [3] growing to $155 billion in May 2019. [4]

References[edit]

  1. ^ ""AustralianSuper: About us"".
  2. ^ [1]
  3. ^ https://www.australiansuper.com/-/media/australian-super/files/about-us/annual-reports/2018-annual-report.pdf
  4. ^ https://www.smh.com.au/business/banking-and-finance/australiansuper-s-ian-silk-staggered-at-16b-inflows-20190531-p51tb1.html

External links[edit]