Why this super fund is moving younger customers into a riskier option

Industry superannuation giant Australian Retirement Trust has an ambitious plan to transfer 1.4 million members to its high-growth strategy and to pursue further mergers, tipping it over $300 billion for the first time.

In his first media interview since taking the reins at ART in March, chief executive David Anderson said he had a multifaceted “and, and, and strategy for growth” as the fund closes in on AustralianSuper as the biggest player in the $3.9 trillion sector.