AustralianSuper boss hits back at 'politically motivated' attacks on industry super

Ian Silk, the head of Australia's biggest fund, questions if Coalition reforms are in the interests of members

The boss of Australia's biggest super fund, AustralianSuper, has questioned whether changes to laws governing the sector proposed by the treasurer, Josh Frydenberg, are genuinely directed at improving retirement savings.

Speaking as Aussie Super reached a new high of $200bn in funds under management, chief executive Ian Silk said many attacks on the industry super sector were basically politically motivated by people looking to give themselves a bit of profile, in the hope of advancement".