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.
The Assistant Treasurer has reaffirmed the government’s commitment to strengthening retirement outcomes, consumer protections and cyber resilience in superannuation.
The industry super fund has advanced reconciliation efforts with a new initiative focused on improving outcomes for First Nations members.
The regulator has announced fresh legal actions in relation to the Shield and First Guardian fund failures.
The Gateway Network Governance Body has unveiled a detailed roadmap to guide the superannuation industry through the upcoming Payday Super reforms.