Towers Watson has picked up a key superannuation asset consultancy mandate.
West Australian based super fund WA Super has appointed Towers Watson as asset consultant of its investment portfolio following a competitive selection process.
WA Super chief executive, John McNally said the fund had chosen Towers Watson as the most suitable partner to provide investment consulting given their global research coverage, thought leadership, and alignment in assisting the trustee in delivering investment outcomes for members.
Towers Watson investment business head, Graeme Miller, said he believed that the largest public offer superannuation fund in Western Australia and one whose approach is focussed on making a real difference to the lives of its members in retirement, there was a strong cultural and philosophical alignment between Towers Watson and WA Super.
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.
Bravura CEO Andrew Russell has announced he will be stepping down from the company, just under two years after his appointment.
The $16 billion fund has teamed up with a retirement income product specialist to give its members more confidence to spend in retirement.
The super fund-owned institutional investment manager has appointed an internal candidate as its next head of operations.