Melinda Howes has resigned as director of policy and industry practice at the Association of Superannuation Funds of Australia (ASFA) to become chief executive of the Institute of Actuaries of Australia.
Howes' resignation was confirmed to senior members of the institute today.
Howes will succeed John Maroney as chief executive at the institute and will take up her position in early February.
Large superannuation accounts may need to find funds outside their accounts or take the extreme step of selling non-liquid assets under the proposed $3 million super tax legislation, according to new analysis from ANU.
Economists have been left scrambling to recalibrate after the Reserve Bank wrong-footed markets on Tuesday, holding the cash rate steady despite widespread expectations of a cut.
A new Roy Morgan report has found retail super funds had the largest increase in customer satisfaction in the last year, but its record-high rating still lags other super categories.
In a sharp rebuke to market expectations, the Reserve Bank held the cash rate steady at 3.85 per cent on Tuesday, defying near-unanimous forecasts of a cut and signalling a more cautious approach to further easing.