Vanguard head of super to depart

7 February 2023
| By Laura Dew |
expand image

Vanguard’s head of super, Michael Lovett, is to depart just three months after the firm launched its superannuation offering.

Lovett would leave the firm at the end of February, having previously led the firm’s efforts to launch a super offering.

Vanguard Super was successfully launched last November after several delays.

Prior to taking on the super role, Lovett had held a number of senior roles at Vanguard in Australia and the US including head of distribution for Vanguard Australia.

Vanguard Australia managing director, Daniel Shrimski, said: “With the fund now up and running, Michael plans to take some time out before moving on to the next chapter in his career, and he leaves Vanguard with our thanks and best wishes for the future.

“As we move from an establishment to growth phase of Vanguard Super’s journey, we will continue to evolve, responding to the changing needs of our members, embracing innovation and personalisation, and driving cost efficiencies that deliver better member outcomes. We will continue to build teams and foster leadership that supports our ambitious strategy in Australia."

Plans for succession of this role were “well progressed”, the firm said.

Read more about:


Add new comment

The content of this field is kept private and will not be shown publicly.

Recommended for you

sidebar subscription

Never miss the latest developments in Super Review! Anytime, Anywhere!

Grant Banner

From my perspective, 40- 50% of people are likely going to be deeply unhappy about how long they actually live. ...

2 months 1 week ago
Kevin Gorman

Super director remuneration ...

2 months 2 weeks ago
Anthony Asher

No doubt true, but most of it is still because over 45’s have been upgrading their houses with 30 year mortgages. Money ...

2 months 2 weeks ago

In an address to the G20 Economic Ministers Forum in Brazil last week, the Treasurer spoke of weak economic growth as the balance of risks in the economy shifts slowly aw...

3 days 10 hours hence

The $125 billion fund has welcomed a senior Morningstar executive for a new policy and advice role....

11 hours hence

Ausbil’s Global SmallCap team looks at this generational change in power markets and discovers opportunities for unrecognised growth in global small-cap markets.The world...

4 years 1 month ago