For the first time in HESTA’s history, combined member retirement savings have reached $100 billion. 

HESTA CEO Debby Blakey says reaching $100 billion is more than just a milestone. 

“This is money that represents greater security, more choice, and a more dignified retirement,” Debby says. 

“It helps us access a larger and more diverse range of high-quality investments, and provides economies of scale that can help keep costs down over time, supporting long-term returns that help members to retire their way.” 

“It also provides even more opportunities to deliver Super with impactTM.” 

Debby says that HESTA’s journey of growth will continue with the recent launch of a new three-year strategy. 

“The strategy aims to provide more personalised experiences and opportunities that deliver greater value to members over the long term,” Debby says. 

“It also includes work to continue to refine our investment model at a time when we now have almost 20% of our portfolio managed internally.”  

“Reaching $100 billion in funds under management wouldn’t be possible without the loyalty of HESTA members over 38 years, and we’d like to thank each of you for trusting us with your super. It’s our privilege to look after your retirement savings.” 

This article is issued by H.E.S.T. Australia Ltd ABN 66 006 818 695 AFSL No. 235249, Trustee of HESTA. The information shown is general information only. It does not take into account your objectives, financial situation or specific needs. You should consider your own financial position and requirements before deciding if a HESTA product is right for you. You may wish to consult a professional adviser when doing this. For more information, contact us or visit hesta.com.au/pds for a copy of a Product Disclosure Statement (PDS) which should be read before making a decision about the HESTA products on this website and to consider the relevant risks. The Target Market Determination (TMD) for HESTA products can be found at hesta.com.au/tmd