State Super and Frontier Advisors go live with strategic investment model. State Super becomes a new shareholder in Frontier Advisors.
John Livanas, CEO of State Super, one of Australia’s most trusted superannuation schemes with over 80,000 members and $38 billion in assets, announced today the start of State Super’s new partnership with Frontier Advisors.15 of State Super’s dedicated investment and operations specialists, led by Chief Investment Officer Charles Wu, move across to Frontier Advisors, where they will continue to support State Super members’ interests and introduce a new Independent Chief Investment Officer, or ‘ICIO’ model, to Frontier’s capabilities.
In turn, State Super, in an industry-first deal, will become a 23.66% shareholder of Frontier, a leading institutional investment advisory firm, alongside other industry heavyweights AustralianSuper, Hesta, Cbus and First Super.
“We are extremely proud to become a significant shareholder in Frontier Advisors alongside some of the giants of superannuation in Australia and we look forward to seeing Frontier thrive as it grows into new areas” noted Livanas.
State Super has worked with Frontier for 20 years and the two have been in talks about the partnership for some time. Livanas explained this solution will address the natural challenges for the State Super investment team as aging members exit and funds under management decline.
The collaboration between State Super and Frontier will provide members with the security of retaining the technical skills of a team adept at managing their funds.
“It’s gratifying to see the new model become a reality,” said Livanas. “We have now got the team for today and tomorrow, and there is a growth vector for that team at Frontier, which gives them a great opportunity”.
The capability the former State Super team brings into Frontier, will instantly enable the firm to expand its services as they introduce their ICIO model, will not only support the investments of State Super members but will offer other potential clients a unique capability.
Frontier Advisors CEO Andrew Polson said “we’re tremendously excited to welcome Charles and his team into Frontier”.
“Our unconflicted advice model is well known in the market and that won’t change. But Frontier can now provide investors with institutional grade end-to-end investment services that let them retain control over their own investment policy, strategy and portfolio construction without needing to compromise on the ability to choose their own investment products in the process.
About State Super
State Super is the trustee of the State Authorities Superannuation Scheme (SASS), State Authorities Non-contributory Superannuation scheme (SANCS), State Superannuation Scheme (SSS) and the Police Superannuation Scheme (PSS). The assets of all schemes have been combined into the Pooled Fund. State Super looks after the assets of what is one of Australia’s largest superannuation schemes, with over 80,000 members and $60 billion in prospective member benefits, with $38 billion in assets (as of 30 June 2025).
https://www.statesuper.nsw.gov.au/
About Frontier Advisors
Frontier Advisors was established in 1994 and with $850 billion in funds under advice and is one of Australia’s leading specialist, independent investment advisory businesses.
https://www.frontieradvisors.com.au/
For more information, please contact:
Louise Moody, Marketing Manager, State Super
Phone: +61 402 463 052