The Investment and Financial Services Association (IFSA) has begun the hunt for a new chief executive, following the announcement this week that incumbent CEO, Richard Gilbert, will be retiring effective from the end of September.
Gilbert’s resignation decision was announced by IFSA late on Wednesday with the organisation’s chairman David Deverall saying Gilbert would be assuming a part-time role of associate director.
Gilbert has been associated with IFSA for more than a decade and is expected to continue to play a strong role with respect to the organisation’s relations with the Federal Government.
Limited exposure to fossil fuel companies has positively impacted the performance of Australian Ethical’s balanced and growth funds, the super fund says.
The major bank has announced that real-time super payments will soon be available to all QuickSuper employers ahead of the looming payday super regime.
AMP Limited has reported its first positive quarterly net cash flows in superannuation and investments since 2017, marking a key milestone in the business’s ongoing turnaround strategy.
The Your Future, Your Super scheme and RG 97 may be directing capital away from more productive uses and discouraging active investment strategies, says the independent MP.