legalsuper adds to board

Legal industry superannuation fund legalsuper has appointed James Peters to its board. He replaces Phil Kennon, who retired earlier this year after a dozen years on the board.

Peters is a legal practitioner and former president of the Victorian Bar Council. legalsuper chair Kirsten Mander said Peters' appointment is a reflection of the importance of the direct link between the fund and the Victorian Bar since its merger with the Victorian Bar Superannuation Fund in 2009. "At a time of continued reform of the superannuation system and increasing expectations from members and regulators, it is critical that boards have a relentless focus on their members' needs, preferences, and best interests," said Mander.

"Jim's breadthe of experience across complex commercial and financial matters, along with his investment acumen and legal sector experience, align directly with legalsuper's purpose of managing the retirement savings of Australia's legal community."

The fund currently manages more than $4.7 billion on behalf of more than 41,000 members. "At a time of continuing superannuation sector reform and challenges, we look forward to Jim contributing valuable experience, insights and acumen to the board's deliberations," said legalsuper CEO Andrew Proebstl.