December super news

4 min read
4 min read

ASFA announces new and re-elected board members

Following its Annual General Meeting at the ASFA Conference, ASFA is pleased to announce the appointments of two new board members: Deanne Stewart, incoming Chief Executive Officer, First State Super as a public sector representative and John McMurtrie, Managing Director, Link Group as a service provider representative. They will fill the vacancies left by Michael Dwyer AM and Suzanne Holden.

2019 ASFA BoardFour directors have been re-elected to the ASFA board – corporate fund representatives, Michael Clancy and Chris Davies and industry fund representatives David Elia and Leeanne Turner.

Independent Chair
Dr Michael Easson AM, Chairman, Founding Director of EG Funds Management (A)

Industry funds
David Elia (Fellow of ASFA), Chief Executive Officer, HOSTPLUS (B)
Leeanne Turner, Chief Executive Officer, MTAA Superannuation Fund (C)

Public sector funds
Peter Carrigy-Ryan, Chief Executive Officer, Commonwealth Superannuation Corporation (D)
Deanne Stewart, Chief Executive Officer, First State Super (E)

Service providers
Andrew Boal (Fellow of ASFA), Head of Australasia, Willis Towers Watson (F)
John McMurtrie, Managing Director, Link Group (G)

Retail funds
Linda Elkins, Executive General Manager, Colonial First State (H)
Melinda Howes (Fellow of ASFA), General Manager of Superannuation, BT Financial Group (I)

Corporate funds
Michael Clancy, Chief Executive Officer, Qantas Superannuation (J)
Chris Davies, Chief Executive Officer, TelstraSuper (K)

The industry mourns loss of Paul Costello

Paul Costello passed away last month aged 61 after a long and brave fight with cancer.

Paul enjoyed a distinguished career in superannuation, beginning at the NAB as a superannuation specialist, then at the Superannuation Trust of Australia (which would become AustralianSuper), then as founding CEO of both NZ Super and then the Future Fund.

Qantas Super issued an announcement regarding the death of its board member who was first appointed to the trustee board in 2014 and was chair of the investment committee and a member of the remuneration and insurance committees.

“Paul was a pivotal figure in the super industry, and an enormous asset to the Qantas Super board. Even in his last weeks, Paul remained focused on serving the members of Qantas Super, attending committee meetings and contributing strongly to matters under discussion,” Qantas Super chair, Anne Ward, said.

Speaking at the recent Adelaide Conference, ASFA chairman Michael Easson described Paul as “someone who put others before himself and through personally challenging times remained positive. He focused on what he could do, not what he could not do.”

ASFA joins Qantas Super, and the rest of the superannuation industry, in extending our condolences to Paul’s wife Denise and their family.

Thai cave diver Richard Harris named 2019 SA Australian of the Year

Congratulations to Adelaide anaesthetist Dr Richard “Harry” Harris who has been named 2019 SA Australian of the Year, in recognition for his contribution to the July international rescue operation of a group of 12 boys and their soccer coach from a flooded cave in Chiang Rai, Thailand. The epitome of strong leadership, determination and resilience, he shared his incredible story at the ASFA Conference in Adelaide.

TAL SpotChecker launches nationally for the second year

Despite the fact that two in three Australians are expected to be diagnosed with some form of skin cancer during their lifetime, only 36 per cent of people have had a skin check within the past 12 months with 29 per cent never having had a skin check at all.

To help early detection by encouraging more Australians to get regular skin checks, TAL is launching a series of national pop-up clinics called TAL SpotChecker for the second year in a row. These provide free skin checks to TAL customers and the public from specialist skin cancer doctors. TAL has also partnered with Firstcheck this year—a digital service that enables people to get a skin check through their smartphone—to deliver more skin checks across Australia.

Contact TAL to find out how you might be able to offer TAL SpotChecker to your members.

ASFA has a new address in Melbourne

ASFA’s Melbourne office has recently moved. The new address is: Level 20, Tower 5, Collins Square, 727 Collins Street, Melbourne, VIC, 3008.

More Reading

Q&A with IFM Investors’ David Whiteley
In-Depth In-Depth

Q&A with IFM Investors’ David Whiteley

Super system can turbocharge productivity on road to net zero
In-Depth In-Depth

Super system can turbocharge productivity on road to net zero

Understanding the Division 296 super tax
In-Depth In-Depth

Understanding the Division 296 super tax

Carmen Beverley-Smith

Executive Director - Superannuation, Life & Private Health Insurance, APRA

Sessions

Keynote 8 – Navigating the energy transition: opportunities, investor strategies and policy needs

Carmen joined APRA in March 2023 and holds the role of Executive Director, Life and Private Health Insurance and Superannuation.  

She has had an esteemed career in financial services, spanning over 25 years. She has held diverse leadership roles at Westpac and Commonwealth Bank of Australia, including across risk, transformation and change, product and portfolio development, and sales and service. 

Prior to joining APRA, she held the role of General Manager, Risk Transformation Delivery Integration at Westpac. This involved leading the group-wide implementation of a suite of solutions to uplift risk management capability and develop data, analytics and reporting. 

Carmen leads with a values-driven approach and a particular interest in developing and mentoring talent. 

She holds a Bachelor of Commerce and Accounting, is a certified Chartered Accountant and a Graduate of the Australian Institute of Company Directors. 

Amy C. Edmondson

Novartis Professor of Leadership and Management, Harvard Business School

Sessions

Keynote 8 – Navigating the energy transition: opportunities, investor strategies and policy needs

Amy C. Edmondson is the Novartis Professor of Leadership and Management at the Harvard Business School, a chair established to support the study of human interactions that lead to the creation of successful enterprises that contribute to the betterment of society.

Edmondson has been recognized by the biannual Thinkers50 global ranking of management thinkers since 2011, and most recently was ranked #1 in 2021 and 2023; she also received that organization’s Breakthrough Idea Award in 2019, and Talent Award in 2017.  She studies teaming, psychological safety, and organisational learning, and her articles have been published in numerous academic and management outlets, including Administrative Science Quarterly, Academy of Management Journal, Harvard Business Review and California Management Review. Her 2019 book, The Fearless Organization: Creating Psychological Safety in the Workplace for Learning, Innovation and Growth (Wiley), has been translated into 15 languages. Her prior books – Teaming: How organizations learn, innovate and compete in the knowledge economy (Jossey-Bass, 2012), Teaming to Innovate (Jossey-Bass, 2013) and Extreme Teaming (Emerald, 2017) – explore teamwork in dynamic organisational environments. In Building the future: Big teaming for audacious innovation (Berrett-Koehler, 2016), she examines the challenges and opportunities of teaming across industries to build smart cities. 

Edmondson’s latest book, Right Kind of Wrong (Atria), builds on her prior work on psychological safety and teaming to provide a framework for thinking about, discussing, and practicing the science of failing well. First published in the US and the UK in September, 2023, the book is due to be translated into 24 additional languages, and was selected for the Financial Times and Schroders Best Business Book of the Year award.

Before her academic career, she was Director of Research at Pecos River Learning Centers, where she worked on transformational change in large companies. In the early 1980s, she worked as Chief Engineer for architect/inventor Buckminster Fuller, and her book A Fuller Explanation: The Synergetic Geometry of R. Buckminster Fuller (Birkauser Boston, 1987) clarifies Fuller’s mathematical contributions for a non-technical audience. Edmondson received her PhD in organisational behavior, AM in psychology, and AB in engineering and design from Harvard University.

 

Daniel Mulino MP

Assistant Treasurer and Minister for Financial Services

Sessions

Keynote 8 – Navigating the energy transition: opportunities, investor strategies and policy needs

Born in Brindisi, Italy, Daniel was a young child when he moved with his family to Australia. He grew up in Canberra and completed his first degrees – arts and law – at the ANU. He then completed a Master of Economics (University of Sydney) and a PhD in economics from Yale.

He lectured at Monash University, was an economic adviser in the Gillard government and was a Victorian MP from 2014 to 2018. As Parliamentary Secretary to the Treasurer of Victoria, Daniel helped deliver major infrastructure projects and developed innovative financing structures for community projects.

In 2018 he was preselected for the new federal seat of Fraser and became its first MP at the 2019 election, re-elected in 2022 and 2025. From 2022 to 2025, Daniel was chair of the House of Representatives’ Standing Economics Committee in which he chaired inquiries; economic dynamism, competition and business formation and insurers’ responses to 2022 major floods claims.

In 2025, he became the Assistant Treasurer and Minister for Financial Services.

In August 2022, Daniel published ‘Safety Net: The Future of Welfare in Australia’, which aims to explore the ways in which an insurance approach can improve the effectiveness of government service delivery.