Scott Hartley

Unintentional

AustralianSuper’s CEO enjoys 15 per cent pay rise

Ian Silk, chief executive of AustralianSuper, received a 15.44 per cent raise for the 2014/15 financial year, the greatest increase in pay of a chief executive at a large super fund. CPI for 2014/15 was 1.5 per cent meaning the raise was 10 times more than inflation. His total remuneration package was $805,372 including a […]
Investment Strategy

Sunsuper board now one third ‘independent’

Sunsuper has moved to a one third independent, one third employer and one third employee representative model for its board. Michael Traill AM and Andrew Fraser will start their duties as independents this month and will join Jenni Mack who was appointed as the fund’s first independent in July. All were unanimously selected by the […]
Investment Strategy

Sunsuper begins development of ‘guided advice’

Sunsuper is utilising its new alliance with Vanguard to develop guided advice for members as an alternative to robo-advice. With a low average account balance of $31,000 Sunsuper has been examining cost-effective ways of delivering personalised limited scope financial advice to members and thinks that Vanguard’s guided advice model “works incredibly well”. “Vanguard’s experience with […]
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