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Superannuation
04 July 2025 by Maja Garaca Djurdjevic

From reflection to resilience: How AMP Super transformed its investment strategy

AMP’s strong 2024–25 returns were anything but a fluke – they were the product of a carefully recalibrated investment strategy that began several ...
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Regulator investigating role of super trustees in Shield and First Guardian failures

ASIC is “considering what options” it has to hold super trustees to account for including the failed schemes on their ...

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Magellan approaches $40bn, but performance fees decline

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RBA poised for another rate cut in July, but decision remains on a knife’s edge

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Retail super funds deliver double-digit returns despite market turbulence

Retail superannuation funds Vanguard Super and Colonial First State have posted robust double-digit returns for ...

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Markets climb ‘wall of worry’ to fuel strong super returns, but can the rally last?

Australian super funds notched a third consecutive year of strong returns, with the median balanced option delivering an ...

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Consumer advocate joins industry funds

  •  
By Christine St Anne
  •  
2 minute read

Industry funds body creates a new job with a focus on government relations.

Industry Funds Services (IFS) has hired Nick Coates as economist and government relations manager. 

In the job, Coates will focus on interpreting public policy and government lobbying.

"With industry super predicted to be the fastest growing sector in superannuation, it is appropriate that we have the capacity to represent the best interests of the funds and their members," IFS chief executive David Whiteley said.

Coates was previously a senior policy officer with consumer advocate group Choice. Prior to this Coates was a finance academic at the University of Western Sydney.

 
 

"Nick brings tremendous experience in consumer advocacy, government relations and policy development. These are activities that we will be pursuing with vigour," Whiteley said.

Coates said the move to IFS was a natural extension from his role at Choice.

"In my previous job one of the issues I focused on was commissions charged by financial planners. Industry superannuation funds don't pay commissions to advisers. I see the move as a natural extension of my role that I had with Choice," Coates said.