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Industry fund CIO resignsBY KARREN VERGARA | FRIDAY, 26 FEB 2021 12:23PM
The investments chief of a not-for-profit fund will leave after five years in the post.
Read more: LUCRF Super, Arthur Anderson, Charlie Donnelly, Frontier Advisors, Leigh Gavin
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The $20 billion industry fund has welcomed former TelstraSuper executive Jean-Luc Ambrosi to the newly created role of chief experience officer and appointed Christine Nguyen as chief risk officer.
AMP has completed the divestment of its remaining equity interest (19.3%) in Resolution Life Australasia to Resolution Life Group.
Australian financial advisers believe they will grow their business by 5% this year and 11% over the next three years, according to the 2022 Global Survey of Financial Professionals by Natixis Investment Managers.
Australian neobank Volt, the first of its kind to receive a full banking licence from APRA, is closing its doors and urging customers to withdraw all funds from accounts before July 5.
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A determined spirit has underscored all that Jane Kang has achieved so far, and that spirit is lending itself well to Prime Super, its members and its investments. Andrew McKean writes.