Stuart Korchinski
The former chief executive of Australian Administration Services (AAS), Stuart Korchinski, has emerged as the front-runner to head up his former competitor, Citistreet.
Korchinski, who departed AAS after it was sold by Telstra, is expected to be announced as the replacement for Citistreet’s former chief executive, Gary Cox.
Cox left Citistreet earlier this year to take up a position within BT.
The super fund has significantly grown its membership following the inclusion of Zurich’s OneCare Super policyholders.
Super balances have continued to rise in August, with research showing Australian funds have maintained strong momentum, delivering steady gains for members.
Australian Retirement Trust and State Street Investment Management have entered a partnership to deliver global investment insights and practice strategies to Australian advisers.
CPA Australia is pressing the federal government to impose stricter rules on the naming and marketing of managed investment and superannuation products that claim to be “sustainable”, “ethical”, or “responsible”, warning that vague or untested claims are leaving investors exposed.