Commonwealth Superannuation Corporation (CSC) has partnered with mental health organisation SuperFriend to help improve and protect the mental health of its Government and Australian Defence Force members.
SuperFriend would support employers and customers of CSC’s super funds, in a partnership with CSC’s group insurer AIA Australia.
CSC chief executive, Damian Hill, said as well as being financially secure, the super fund wanted its members to retire healthy and happy.
"SuperFriend's training and resources help reduce the stigma associated with mental health, equipping people with important skills to thrive at work,” he said.
“Our partnership also supports their nation-wide research into factors that improve and protect worker mental health, and advocacy for inclusive and fair treatment for people with mental health challenges."
Also commenting, SuperFriend chief executive, Margo Lydon, said the organisation’s research found that public administration workers experienced higher levels of stress, work-related insomnia, bullying and mental health-related stigma compared to workers in other industries.
“We're absolutely thrilled that CSC has committed to improving outcomes for these workers and their families,” Lydon said.
Michael Lovett, who left the investment firm just three months after launching its Vanguard Super offering, has taken up a chief executive role at an Australian asset manager.
The Central Bank of Ireland has granted the approval of Equity Trustees’ exit from its Irish operations, with the transaction expected to be complete on 30 April.
Super returns continued to climb in March, raising hopes of delivering double-digit returns by June depending on the performance of this next quarter.
The dedicated super fund for emergency services and Victorian government employees is under fire for unpaid entitlements to transport employees, which could exceed $40 million.
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