Maritime Super has advised Industry Super Australia (ISA) of its decision to withdraw from the Industry SuperFund collective.
Given the fund's decision, Maritime Super will no longer carry the Industry SuperFund logo or be involved in any marketing campaigns that use the Industry SuperFund symbol. The fund will also not be involved in any of ISA's other programs.
The change will take effect from 27 August 2021.
Comments attributable to ISA Chair Greg Combet:
"Putting the financial interests of members ahead of everything else is what Industry SuperFunds are all about, and this decision by Maritime Super is an example of that."
"Maritime Super was at the forefront of establishing super for working people as far back as 1967 and it was the first super fund with which I was personally involved.
"On behalf of the Industry SuperFund collective, I thank the fund for its contribution and the positive difference it has made to its members thus far in its history."
