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MLC has appointed former Colonial First State head of platform sales Aubrey Roga to a key insurance role.
Roga has been named MLC’s new head of insurance sales, a role he will step into next month and which will see him responsible for MLC’s retail insurance sales team.
A statement from MLC said Roga has more than 18 years of sales and distribution experience including senior roles with a number of financial services organisations such as AMP and AXA.
In his role at CFS Roga was responsible for wholesale and retail platform distribution, the MLC statement said.
MLC general manager, sales, Colin Woods pointed to Roga’s “sales background and experience across a variety of distribution channels” as an “invaluable asset” to MLC.
The appointment follows an announcement earlier this week that saw Andrew Howard confirmed as general manager, group insurance for MLC.
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.