GESB hits $10 billion
West Australian super fund GESB has hit the $10 billion mark in funds under management following 107 per cent growth over the past five years.
According to the fund’s chief executive, Michele Dolin, the growth was partly driven by consistent above market median voluntary contribution rates.
Dolin signalled that the fund, which currently employs 12 advisers, would be likely to add to the ranks of its financial advisory service in line with demand.
Membership of online services also continues to grow, with around 77,000 members using the online services.
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