Pillar Administration has appointed Peter Brook as chief executive and managing director.
Brook previously held the post of chief financial officer for State Super Financial Services from October last year to May this year when he was appointed to Pillar.
Brook was also previously chief financial officer at Alinta Energy and held senior executive positions with Challenger Financial Services and MLC.
Last December Pillar Administration chief executive, Peter Beck left the fund and was succeeded by former chief executive Peter Cormack on a temporary basis while the fund looked for a permanent successor.
Australia’s second-largest super fund has confirmed it is expanding its presence in the UK following significant investment in the region.
A member of the super fund has approached ASIC to investigate potentially misleading or deceptive representations by UniSuper regarding the holdings of its sustainable portfolios.
The median growth fund delivered 1.9 per cent in March, adding to the “stunning” rally that has seen super funds gain 11 per cent since November.
Vanguard has affirmed its support for the current super performance test, emphasising the importance of keeping the process straightforward.
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