Former UniSuper executive Chris Davies has been appointed chief executive of Telstra Super as the $13 billion-plus corporate superannuation fund unveils its new member direct platform.
Previously executive manager, member and employer solutions at UniSuper, Davies will fill the space left by Martin Crowe who announced his retirement earlier in the year.
The fund also announced the launch of its member direct option developed in conjunction with UBS.
It gives members access to term deposits through ME Bank, NAB and RaboDirect, with holdings managed by ANZ at higher than standard rates and online trading access to the local market.
Telstra Super acting chief executive Paul Curtin said it was the next phase in the fund's ongoing product development strategy.
The central bank has announced its latest rate decision amid stubborn inflation and increasing geopolitical tension.
Aware Super has outlined its systematic approach to corporate engagement as institutional investors increasingly assert their influence on company boards and take on an active stewardship role.
The country’s second-largest super fund has completed its fourth SFT this past financial year and welcomes almost 5,000 new members.
The corporate fund has announced it is seeking a suitable merger partner as the number of corporate super funds in Australia continues to dwindle.
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