Financial Standard editor Mark Smith presents a roundup of the week's biggest industry news and executive appointments. In this week's news:

Defined benefit deficit at $182bn

The Queensland state government's decision to repatriate half of the surplus of its defined benefit super funds to put towards building infrastructure and paying down has cast the spotlight back on DB super.

NESS Super cuts insurance premiums

The fund said it is bucking the trend at a time when super fund insurance premiums are mostly rising.

ASFA makes Minto interim CEO

The Association of Superannuation Funds of Australia will announce its new chief executive in September following an extensive search and selection process to replace Pauline Vamos.

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This week's FS Minute news round-up is proudly brought to you by Zurich.