Role for Combet with super group
The former Labor minister will work as a part-time principal adviser to Industry SuperFunds and stakeholders to provide advice to the ISA board on policy development relating to the inquiry.
ISA represents a group of industry retirement schemes that collectively have more than $50 billion under management. The vehicle is chaired by former NSW Liberal politician Peter Collins and includes former Victorian Labor premier John Brumby as deputy chairman.
"Greg brings invaluable experience and knowledge of all aspects and functions of Industry SuperFunds. He has a clear understanding of policy development at the highest levels of government," Mr Collins said. "His knowledge and experience will greatly assist ISA, and its stakeholders, in preparation for the financial systems inquiry, with a strong submission expected from Industry SuperFunds."
The inquiry's terms of reference are expected to be announced by Treasurer Joe Hockey by the end of the year.
Frequently Asked Questions about this Article…
Greg Combet, a former climate change minister, has been appointed as a part-time principal adviser to Industry Super Australia. He will provide advice on policy development to the ISA board in preparation for the upcoming financial systems inquiry.
Industry Super Australia (ISA) represents a group of industry retirement schemes that collectively manage over $50 billion. ISA works to provide policy advice and support to its stakeholders, ensuring effective management and growth of superannuation funds.
Greg Combet brings invaluable experience and knowledge of Industry SuperFunds and policy development at high government levels. His expertise is expected to greatly assist ISA in preparing a strong submission for the financial systems inquiry.
The 'son of Wallis' financial systems inquiry is an upcoming review of Australia's financial systems. It aims to assess and improve the efficiency and effectiveness of the financial sector, with terms of reference expected to be announced by Treasurer Joe Hockey.
Industry Super Australia is chaired by former NSW Liberal politician Peter Collins, with former Victorian Labor premier John Brumby serving as deputy chairman. These leaders, along with Greg Combet, play crucial roles in guiding ISA's strategic direction.
Industry Super Australia plans to leverage Greg Combet's expertise in policy development to prepare a strong submission for the financial systems inquiry. This preparation involves collaboration with stakeholders and strategic planning to address key issues.
Industry Super Australia manages over $50 billion in retirement funds, impacting everyday investors by ensuring their superannuation is effectively managed and grown. ISA's policy development and strategic initiatives aim to protect and enhance investor returns.
The terms of reference for the financial systems inquiry are expected to be announced by Treasurer Joe Hockey by the end of the year. This announcement will outline the scope and objectives of the inquiry, guiding the review process.
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