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NGS Super CEO wins inaugural award
The chief executive of NGS Super, Anthony Rodwell-Ball, is the inaugural winner of a scholarship jointly sponsored by the Fund Executives Association and KPMG.
Rodwell-Ball was named the winner of the FEAL Wharton Scholarship, which will allow him to attend the Investment Strategies and Portfolio Management program offered by Wharton Business Collect in the US.
Rodwell-Ball said he would use the time at Wharton to develop a deeper knowledge and gain tools to make better decisions for his superannuation fund and its members.
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The two funds have announced the signing of a non-binding MOU to explore a potential merger.
The board must shift its focus from managing inflation to stimulating the economy with the trimmed mean inflation figure edging closer to the 2.5 per cent target, economists have said.
ASIC chair Joe Longo says superannuation trustees must do more to protect members from misconduct and high-risk schemes.
Super fund mergers are rising, but poor planning during successor fund transfers has left members and employers exposed to serious risks.
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