POWERED BY MOMENTUM MEDIA
Greg Cooper to replace Peter Maher as FSC chairman
The Financial Services Council (FSC) has elected Schroders Australia chief executive Greg Cooper as chairman, replacing Peter Maher.
Maher will officially hand over to Cooper on 1 August at the FSC's Annual Conference, having held the chairmanship since 2010.
Cooper said that under Maher the FSC had led key industry changes including the increase to compulsory superannuation contributions from nine to 12 per cent, the push for industry self-regulation and the ending of commissions through the FSC's standards.
"Peter's guidance and support of the Financial Services Council has been critical during this time of the most substantial regulatory change in the history of the financial services industry in Australia," he said.
Maher said Cooper has made a significant contribution to the FSC since being elected a director of the board in 2008.
Cooper has been deputy chairman since 2011 as well as deputy chairman of the FSC Administration and Risk Board Committee, deputy chairman of the FSC's Nominations Board Committee and co-chairman of the FSC's Investment Board Committee.
AUTHOR
Staff Writer
Money Management staff writers are writers who contribute to the website from time to time. If you would like to discuss the content contained within this article please contact us.
Recommended for you
Australian Ethical has named its new head of equities, who previously spent 12 years at Perpetual.
The country’s sovereign wealth fund has unveiled a flurry of changes to its leadership team, including the appointment of a key executive role.
With Damian Graham stepping into a new capacity within the $190 billion super fund ahead of his retirement, a global search is set to commence for his replacement.
Cbus has swiftly promoted Leigh Gavin to chief investment officer only months after naming him deputy, as the fund works towards growing in size and bringing its investment expertise in-house.
TOP PERFORMING FUNDS
ACS FIXED INT - AUSTRALIA/GLOBAL BOND
Fund name
3y(%)pa
1
DomaCom 465 Calder Road Calder
99.46 3 y p.a(%)
2
DomaCom DFS Mortgage
95.46 3 y p.a(%)
3
Global X 21Shares Bitcoin ETF
78.55 3 y p.a(%)
4
BetaShares Crypto Innovators ETF
50.39 3 y p.a(%)
5
Global X GlobalX FANG+ ETF
47.50 3 y p.a(%)
