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As at July 2018, the major retail super funds were: AMP Flexible Super; Bendigo Smart Start Super (Bendigo Bank) Mercer; ING Direct Living Super (ING Australia). In December 2015, ING had AU$1.6 billion in super funds under management, with 34,000 active superannuation accounts in 2014. [4] MLC Masterkey Super (National Australia Bank)
AustralianSuper is an Australian superannuation fund headquartered in Melbourne, Victoria.It is an industry super fund, and so operates through a mutual fund structure.. With over A$ 340 billion of retirement savings under management and more than 3.4 million members, AustralianSuper is the largest superannuation fund in Australia and the sixteenth largest pension fund in the world.
Dixon Advisory was the fourth largest self-managed super fund provider in Australia. [6] In 2012, Daryl Dixon's son, Alan Dixon, assumed leadership of the company. [7] [8] By 2015 the company had 4500 SMSFs under management, worth about $5 billion, and had around 8000 SMSF members. [2]
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United Super Pty Ltd is the Trustee of Cbus Superannuation Fund. The Directors of United Super Pty Ltd are appointed in equal number from member and employer associations in the construction and building industries. An Independent Director also sits on the board. [5] The current Chair of the board is Wayne Swan, former Treasurer of Australia.
However, employees can nominate an alternative investment fund, called a stapled super fund. [11] The Fair Work Commission determines which superannuation funds are suitable to be industry super funds and adopted by employers as default funds. [12] ME Bank was established and owned by 26 industry super funds. [13] It was sold to Bank of ...
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