State Government's superannuation reform

At GESB, we support the Department of Treasury in implementing changes to superannuation in WA.

Choice of Fund

On 30 March 2012, Choice of Fund was introduced for WA public sector employees. We welcomed the introduction of choice and continues to support members to make informed decisions about their super by providing easy access to financial education and information resources.

Administration outsourcing

In May 2012, the WA State Government began a tender process to find a commercial service provider to manage our administration functions. We worked with the Department of Treasury to implement this important reform.

Following the WA State Government approval process, our Board appointed Link Group as its commercial provider of administration services, effective 1 July 2014.

Members and employers all received a letter from us in July 2014 informing them of the new partnership.

GESB Wealth Management Pty Ltd (GWM)

In July 2012, our Board endorsed a Cabinet decision to wind-up its wholly owned subsidiary GESB Wealth Management Pty Ltd (GWM). This was officially deregistered by the Australian Securities and Investments Commission in July 2013. While we have withdrawn from the provision of financial advice, members continue to have access to education and information, through services such as our Retirement Options Service.

Page last updated 10 July 2017