Big building and construction industry fund CBus has beefed up its executive ranks with three senior appointments — two in the marketing and communications area and one related to investment strategy.
CBus chief executive David Atkin said the fund had appointed former AustralianSuper staffer David Constable as marketing manager, while Mark Ward had been appointed communications manager.
He said that former Frontier Investment Consulting staffer Tim Ridley had been appointed as investment strategy manager.
The Actuaries Institute has released a framework to help super funds deliver affordable guidance and advice to millions approaching retirement.
Labor’s finance minister has dismissed claims the government directs super fund investments after questions over Australia’s new US deal.
Australia’s average superannuation balance has climbed to a record high, with women’s savings share rising and reliance on the age pension falling.
APRA has softened several governance reform proposals following extensive consultation with banks, insurers, and super funds across Australia.