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Rest appoints head of operationsBY ANNABELLE DICKSON | WEDNESDAY, 16 JUN 2021 12:11PM
Industry superannuation fund Rest has hired AMP Capital's former head of global client services and enablement to lead its operations function.Read more: Corrine Henville, AustralianSuper, Bart Healy, Brendan Daly, Colonial First State, David Madden, Hostplus, Jane Sheridan, Jessica Empson, Richard Millington
In a year the average fund posted over 18% in returns, CommBank's Essential Super was the top one-year performer.
Superannuation funds can expect their results in the first performance test by August 31 under the new Your Future, Your Super reforms, according to an APRA letter sent Friday.
The Federal Court found that RI Advice Group's failure to provide rigorous oversight over a former financial adviser resulted in bad advice to consumer detriment.
Member of Parliament Tim Wilson will lead the charge to determine if big super's domination over the Australian sharemarket is stifling competition.
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