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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 ...
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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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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 ...

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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 ...

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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 ...

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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 ...

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LG Super hires ex-FuturePlus CFO

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By
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2 minute read

LG Super continues to hire former FuturePlus staff.

Local Government Super (LG Super) has appointed Tony Griffin as chief operating officer.

Griffin joined the super fund from FuturePlus, where he was chief financial officer from February 2010 until the end of November this year.

FuturePlus replaced Griffin with former St George Bank chief financial officer Elvio Bechelli last month.

LG Super also promoted Donna Heffernan to head of legal and compliance, taking over the responsibilities of the fund's governance manager Jean Elborn, who will be retiring in mid-December.

 
 

Heffernan was previously the fund's compliance manager and this role will now be filled by Steve Jones, who also previously worked at FuturePlus.

LG Super also appointed Oliver Sarpong to join the investment team as an investment analyst.

Sarpong was recruited as part of the AIST Gradute Cadetship program.