Powered by MOMENTUM MEDIA
lawyers weekly logo
Advertisement
Superannuation
04 July 2025 by Maja Garaca Djurdjevic

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 FY2024–25, driven by a recovery in ...
icon

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 ...

icon

ASIC levy for investment and super sector set to rise 9%

The corporate regulator has released its estimated industry levies for FY2024–25, with the cost for the investment ...

icon

Diversified portfolios deliver for industry funds as markets flourish

Another strong year for equities, both domestic and global, has driven largely positive returns for these industry super ...

icon

VanEck warns of looming US asset unwind as key risk signals flash red

VanEck has signalled an impending major unwinding in US assets, after issuing a warning that the world is largely ...

icon

Metrics makes 2 acquisitions ahead of consumer lending expansion

Metrics Credit Partners has completed the acquisition of Taurus Financial Group and BC Investment Group as it looks to ...

VIEW ALL

Newson leaves FuturePlus

  •  
By Christine St Anne
  •  
2 minute read

Chief investment officer departs after two years in the job.

FuturePlus chief investment officer Terry Newson has resigned after nearly two years in the job.

Newson began with the fund in December 2005 and was also responsible for the investments of Local Government Superannuation Scheme and the Energy Industry Superannuation Scheme.

His previous job was as chief executive of the Stevedoring Employees Retirement Fund (SERF).

In June 2006, SERF and the Seafarers Retirement Fund awarded FuturePlus a $2.2 billion investment mandate.

Overall FuturePlus manages more than $14 billion in funds under management.

Newson also served as chair with the Fund Executives Association Limited.

"The board will be meeting to discuss his replacement," a company statement said.