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Directors added to FSC boardBY JAMIE WILLIAMSON | THURSDAY, 17 JUN 2021 12:48PM
The Financial Services Council is welcoming two new additions to its board, appointing executives from Macquarie Group and Zurich Australia.Read more: FSC, Macquarie Group, Financial Services Council, Zurich Australia, Justin Delaney, Sean West, David Bryant, AMP New Zealand, Australians, Blair Vernon, Bryce Doherty, Geoff Lloyd, Investments, Mercer Australia, TAL, UBS Asset Management, Zurich Life
Lifecycle MySuper was a better bet than single strategy default funds for members below 40 years of age in FY21 as the equity markets rebounded after COVID, according to Rainmaker Information.
The advice group has appointed a head in Queensland, reporting to chief executive Terry Dillon.
Australia's exchange traded product market reached $115 billion at the end of June 2021, increasing 76% in 12 months - but according to Rainmaker research, only a small portion of that growth came from performance.
The chair of Clime Investment Management and one of its shareholders are calling for the removal of long-serving executive Neil Schafer.
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