ESS Super has recruited a former Aviva Australia senior executive as its new chief financial officer.
The fund announced that it appointed Mark Puli to the position following the promotion of Michael Dundon to the chief executive role.
Puli, who has more than 20 years' experience in financial services, held a range of roles at Aviva Australia involving strategy, mergers and acquisitions and platform accounting.
Announcing the appointment this week, Dundon said it had followed an extensive search process.
ASIC has issued a warning to financial advisers and superannuation trustees to ensure they are complying with client consent requirements when entering into ongoing fee arrangements.
Australia’s superannuation system is exerting increasing influence over capital markets, with industry feedback to ASIC underscoring its role in reshaping investment flows, governance expectations, and market dynamics.
Australians are some of the most hopeful when it comes to retirement preparedness, with super funds’ handling of retirement savings helping play a part.
The market may be too complacent about the risks of more tariffs, UniSuper’s head of fixed interest warned this week, pointing to Donald Trump’s recent steel-related announcement and a seeming breakdown in negotiations with China.