Opening up early access to super for housing would have a negative effect on the balances of even those members that don’t dig into their savings, with funds forced to adopt more conservative investment strategies and hold more liquid assets.
The circa $88 billion industry fund for workers in health and community services reckons that alleviating the affordable housing crisis will boost its other investments by easing the cost of living and inflation.
Industry luminaries set for Chant West Awards
(Pictured: Andrea West)
An impressive array of industry and political heavyweights are to attend the third annual Chant West Super Fund Awards on May 6. The Prime Minister, Mr Abbott, will present the Super Fund of the Year Award via video at the black-tie dinner.
The awards night will be directed by MC Don Luke, the chair of QIC and former chief executive of Sunsuper. Shadow Treasurer, Chris Bowen has also confirmed his attendance. VIPs from the industry include:
> Helen Rowell, Member of APRA
> Greg Tanzer, Commissioner of ASIC
> Gerard Fitzpatrick, Senior Executive Leader, Investment Managers and Superannuation, at ASIC
> Sally Loane, Chief Executive of FSC
> Andrew Bragg, Director of Policy and Global Markets at FSC
> Andrea Slattery, Chief Executive of SMSF Association
> Pauline Vamos, Chief Executive of ASFA
> Joanna Davison, Chief Executive of FEAL
> Tom Garcia, Chief Executive of AIST
> David Whitely, Chief Executive of ISA
> Mark Rantall, Chief Executive of FPA
Insurance group AIA Australia has recently been announced as the major sponsor of the awards event.
Andrea West, Chant West Director, said that the event had now been sold out.
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