Former Association of Superannuation Funds of Australia (ASFA) chief executive, Pauline Vamos has been appointed as a non-executive director of Decimal’s board.
Decimal chairman, Mark Potts said Vamos would bring extensive superannuation knowledge and expertise to the board, and was an ambassador in financial services.
“The appointment comes at a time when Decimal is making significant inroads in the superannuation sector by enabling providers of all sizes with the capability to engage their members more meaningfully through digital advice,” Potts said.
Vamos said the opportunity to help the financial services sector transition to technology-based member engagement was too compelling to pass up.
“As we know, no fund has yet fully nailed member engagement. I believe that digital advice and scalable technology makes it more accessible, objective, cost effective, and convenient,” she said.
“As CEO of ASFA I spent a lot of time leading the conversation with funds and providers on the need to innovate their engagement models.”
BlackRock boss Larry Fink praised Australia’s superannuation system in his annual chairman’s letter.
The prudential regulator has announced it will publish new expenditure data of superannuation funds, providing details on expenses like advice, director remuneration, and payments to unions.
Affirming the UK’s growing attractiveness as an investment destination, a number of Australia’s largest investors recently joined the UK Foreign Secretary for an exclusive briefing in Canberra to discuss further opportunities for trade and growth.
The specialist superannuation law advisory practice is set to wind up, with managing partner Jonathan Steffanoni planning to bring a new offering to market.
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