Long-standing Christian Super Chief Executive Officer, Peter Murphy has announced his resignation after a decade with the fund.
Murphy’s departure was confirmed by Christian Super chairman, Neville Cox who paid credit to his work citing the fund’s growth under leadership.
Cox said the board was preparing to begin a recruitment process to find a permanent replacement for Murphy but that, in the meantime, the existing executive team would manage the day to day responsibilities until a new CEO was appointed.
Cox said that he, as chairman, would be the key point of representation for all external parties.
BlackRock boss Larry Fink praised Australia’s superannuation system in his annual chairman’s letter.
The prudential regulator has announced it will publish new expenditure data of superannuation funds, providing details on expenses like advice, director remuneration, and payments to unions.
Affirming the UK’s growing attractiveness as an investment destination, a number of Australia’s largest investors recently joined the UK Foreign Secretary for an exclusive briefing in Canberra to discuss further opportunities for trade and growth.
The specialist superannuation law advisory practice is set to wind up, with managing partner Jonathan Steffanoni planning to bring a new offering to market.
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