AMP Capital has announced two key sales executives appointments to its retail team.
John Meigan is the new state account manager for Queensland and Ryan Lapish is state account manager for Victoria.
Both will work under the new head of account management Barbara Glover, who moved across from the head of investment sales role at AXA last year, AMP Capital stated.
Meigan joins AMP Capital from Vanguard Investments where he helped grow their business in both New South Wales and then moved to Queensland as their first state based business development manager.
Lapish joins AMP Capital from Perpetual where he worked with advisers and dealer groups to develop new business opportunities and retain existing relationships, AMP Capital stated.
The two funds have announced the signing of a non-binding MOU to explore a potential merger.
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Super fund mergers are rising, but poor planning during successor fund transfers has left members and employers exposed to serious risks.