At least four people are leaving the Investment and Financial Services Association (IFSA) as the organisation prepares to announce significant changes later this week.
Super Review has confirmed that as well as deputy chief executive officer John O’Shaughnessy and media spokesman Simon Disney, at least two other staffers will be leaving the organisation.
Both O’Shaughnessy and Disney were key players within IFSA prior to the departure of former chief executive Richard Gilbert. However Gilbert, who resigned his position, was succeeded by former NSW Parliamentary Liberal Leader John Brogden last year.
O’Shaughnessy announced his departure earlier this year, while Disney confirmed he would be leaving the organisation last week.
One of Brogden’s earliest appointments as chief executive was that of communications director Stephen Woodhill, who was formerly working in the media area of the Australian Securities and Investments Commission.
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.