Just days after announcing the appointment of a new chief investment officer, the trustee body responsible for the superannuation schemes covering Commonwealth public servants, ARIA, has announced that former Motor Trades Associationof Australia (MTAA) Super Fund executive is its new deputy chief executive officer. Watson’s appointment was announced by ARIA chairman , who said he had been deputy executive director at MTAA Super and responsible for general management of the business, including strategic planning, product development and customer service.
Watson was last year named Executive of the Year by the .
ARIA chief executive said Watson would provide commercial guidance for the development of the business, its stakeholder relationships and marketing communication programs to provide members with products, services and education.
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.