Pillar Administration has a new chief executive, following the departure of Peter Beck.
Beck confirmed his departure this week to pursue private business interests.
Super Review understands that Beck has been succeeded by former Pillar CEO, Peter Cormack, who returned to the administrator earlier this year.
The industry body has cautioned the government against implementing unnecessary regulations for private market investments, with ASIC currently exploring reforms in this space.
The industry fund has appointed Natalie Alford as its new chief risk officer, strengthening its executive team during a period of transformation.
The Super Members Council has outlined a bold reform plan to boost productivity, lift retirement savings, and unlock super’s full potential.
Women beginning their careers in 2025 could retire with hundreds of thousands of dollars more in super due to the 12 per cent super guarantee rate, HESTA modelling shows.