POWERED BY MOMENTUM MEDIA
Superhero enhances growth strategy with key super hires
Superhero has welcomed three experienced executives into the fold in another step towards driving growth of its superannuation offerings.
Gabrielle Donnelly, who led the merger of EISS Super with Cbus earlier this year to create an $85 billion fund with over 900,000 members, will lead Superhero’s superannuation operations.
Vanguard’s former head of superannuation projects, Kimberly McAvoy, has joined as head of strategic projects while Karen Arndell, former head of product operations at HUB24, has been named head of customer operations across Australia and New Zealand.
John Winters, chief executive and co-founder of Superhero, said the firm was thrilled to welcome the three executives, alongside 12 other hires since the start of the financial year.
“The additional expertise across the business will play a pivotal role in shaping our future and driving Superhero’s commitment to offering exceptional services to our customers and members,” he said.
According to Winters, Superhero Super, which has gained traction since it was launched in mid-2021, is “at the forefront” of the firm’s efforts.
“Our focus is offering a seamless platform to deliver better financial outcomes for members as well as better supporting our growing community of investors and superannuation members in managing and growing their wealth,” he said.
Looking ahead, Superhero was dedicated to empowering Australians in achieving financial success, he added.
“With a strengthened team and a renewed focus on superannuation, we are well-positioned to continue our journey as a leading innovator in the Australian wealth management landscape,” Winters added.
Earlier this year, Superhero announced new managed investment options for its super members to provide increased flexibility over where their super was invested beyond the default.
Previously, members of Superhero Super had a minimum 25 per cent of their super automatically invested in the Global Balanced Index Portfolio Managed Investment Option. However, they would now be able to choose from three options: Global Balanced Index Portfolio, Global Growth Index Portfolio and Global High-Growth Index Portfolio.
AUTHOR
Rhea Nath
Rhea L Nath is a journalist at Money Management and Super Review, with a focus on financial advice, investments, funds management, and superannuation. Previously, she covered small business and entrepreneurship news at Dynamic Business and multicultural issues at Indian Link Media Group. In 2022, she was named Young Journalist of the Year at the NSW Premier’s Multicultural Communications Awards.
Recommended for you
Blue Owl Capital, a US asset manager with its eye on ‘marquee investors’ like super funds, has announced the appointment of a senior Future Fund executive as its newest managing director.
The Association of Superannuation Funds of Australia has appointed a new director representing industry funds, among a number of other appointments in recent months.
The Association of Superannuation Funds of Australia has tapped an experienced public policy executive as head of policy and advocacy.
The firm has welcomed an experienced financial services executive, who helped establish Vanguard's superannuation business, as its new chief financial officer.
TOP PERFORMING FUNDS
ACS FIXED INT - AUSTRALIA/GLOBAL BOND
Fund name
3y(%)pa
1
Spire Oaktree Opportunities XI First Close USD
66.99 3 y p.a(%)
2
Hills International
63.66 3 y p.a(%)
3
Acadian Global Equity Long Short Class A
36.33 3 y p.a(%)
4
CFS FC Acadian Global Equity Long Short
35.96 3 y p.a(%)
5
DomaCom 4/27 Crombie Avenue Bundall QLD 4217 Australia
32.23 3 y p.a(%)
Add new comment