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The incoming president of the Law Society of NSW has been appointed a director of legalsuper, the profession’s largest superannuation fund.
Ros Everett (pictured) is currently senior vice president of the Law Society of NSW, which is one of five stakeholders in legalsuper.
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She is also the founding principal of law firm Everett Evans and an active member of the Women Lawyers Association of NSW.
The chairman of legalsuper, David Miles, said Everett’s appointment continues the long established practice of senior officeholders of legalsuper’s stakeholders being nominated to its board.
“The appointment of a new director also results in renewal on our board, an important component of good board governance,” he said.
“It also means that four of 10 directors are female, above the industry average of 21 per cent and already reaching the industry target of 40 per cent by 2017 as set by the Australian Institute of Superannuation Trustees.”
Miles said the appointment also strengthens legalsuper’s position as a specialist fund.
“As the specialist industry fund for the legal profession, there is great value in having legal professionals as members of our board.
“In the new MySuper landscape, funds like legalsuper that have a clearly defined market have deeper insight into the expectations of that niche market. In this new world, the specialist funds will stand apart from the pack.”
legalsuper is the largest superannuation fund for the legal profession, managing more than $2 billion for more than 40,000 members, including judges, barristers, solicitors and legal support staff.
