The Industry Super Network (ISN) has changed its name to Industry Super Australia (ISA), with chief executive David Whiteley saying the change reflected the growing role of industry superannuation in the nation’s economy.
ISA represents five million members across the industry super fund sector who work for 600,000 Australian employers.
“We’ve been successful advocates for making the system fairer – including the reforms to financial advice and the banning of commissions,” Whiteley said.
“And most importantly, our outperformance has meant better average returns to our members,” he added.
“We’ve achieved this with a governance model that sees an equal representation of employers and employees who work together and act only in members’ interests.”
The former ISN, which will be known as ISA from today, has recently formed a strategic partnership with the Financial Services Council, with the two associations to work together on the critical issues for superannuation in Australia.
