Formerly of the , and more recently Superpartners, Caruana has more than 20 years superannuation experience.
Commenting on her new appointment, Caruana said: “I was attracted to Aon because of their reputation of responding to client need.”
“It is fantastic to be in an organisation which provides tailor-made superannuation solutions, rather than just peddling an off-the-shelf product. The client-focussed relationship approach to superannuation really appeals to me,” she said
Aon Australia’s superannuation head said Caruana had a clear passion for superannution.
“She will be an asset to Aon’s superannution team and a valuable resource for our clients,” he said.
Russell Investment Group has appointed US specialist to lead the firm’s growing transition management role, in response to continued demand for ‘implementation services’ from institutional investors across the Asia region.
The move is part of a strategic shift by Russell to ‘decentralise’ its implementation services expertise, employing more specialists on the ground in key hubs around the world.
According to , managing director of Russell’s Australian institutional business, the current low-return outlook as well as an increasingly competitive super environment is fueling demand for expert services that can improve funds’ efficiency and save valuable basis points.
Advance Asset Management(Advance) has announced the appointment of as its new head of distribution. The role will involve leading Advance’s distribution team to ensure that advisers receive the highest levels of service and the best possible solutions for their businesses.
The appointment will compliment Mowll’s other distribution responsibilities at St George’s and businesses.
Mowll has more than 18 years’ experience in the financial services industry.
Commenting on the appointment, , managing director of Advance, said: “I am delighted that Craig has accepted this key role at Advance. Craig is a proven performer, with Margin Lending having achieved record sales under his leadership.
Intech has announced the appointment of as chairman to the Intech board.
Appointed to the board as a director in 2003, Cook replaces former chairman .
Cook has had a major impact on shaping the superannuation industry. In 2002 he was named by Super Review magazine as one of the top 10 most influential people in Australian superannuation. His achievements include introducing the first Investment Performance Survey of Superannuation Funds, designing the extremely successful , and establishing an industry standard for superannuation administration software.
FuturePlus Financial Services has announced the appointment of Terry Newson as chief investment officer.
Newson was previously chief executive officer of the Stevedoring Employees’Retirement Fund (SERF).
Commenting on the appointment, chair of FuturePlus said Newson had been selected from a strong field on the basis of investment experience.
“The fact that Terry has had experience in managing the investments for SERF’s large and complex defined benefit fund, as well as the accumulation fund, was very important for us,” he said.
has announced that has been appointed as senior portfolio manager, external manager, in its global fixed interest team.
Field has spent 18 years working in global financial markets, including 13 years in overseas investment banking roles. Field brings considerable experience in assessing the credit risk of fixed interest managers, hedge funds and counterparties.
He joins QIC from , where he has spent the past eight years in various roles, including head of the hedge fund group in New York, and most recently as director of risk, corporate and investment banking.
In his role with QIC, Field will be responsible for the selection, monitoring and review of QIC global fixed interest external managers and strategies.
Super funds are strengthening systems and modelling member benefits ahead of payday super.
The Australian Taxation Office (ATO) has approved real-time payments for superannuation, removing a major hurdle ahead of payday super reforms.
The investment body has raised questions about ART’s Tabcorp shareholding, urging clarity for members on gambling-related super fund investments.
Australian super funds have posted early gains in FY26, driven by strong share market performance and resilient long-term returns.