Janet Torney has resigned as chief executive of Qantas Super after four years in the role.
Qantas Super chief investment officer Andrew Spence will be acting chief executive as the fund conducts an external search for Torney's replacement. Spence will not be a candidate for the role.
Qantas Super chair Anne Ward wished Torney well on behalf of the fund's board.
"Janet has made a significant contribution to QSL and the Plan, driving enhanced member services, overseeing the creation of a leading-edge investment team, and ensuring that a rigorous risk and governance framework is in place," Ward said.
Large superannuation accounts may need to find funds outside their accounts or take the extreme step of selling non-liquid assets under the proposed $3 million super tax legislation, according to new analysis from ANU.
Economists have been left scrambling to recalibrate after the Reserve Bank wrong-footed markets on Tuesday, holding the cash rate steady despite widespread expectations of a cut.
A new Roy Morgan report has found retail super funds had the largest increase in customer satisfaction in the last year, but its record-high rating still lags other super categories.
In a sharp rebuke to market expectations, the Reserve Bank held the cash rate steady at 3.85 per cent on Tuesday, defying near-unanimous forecasts of a cut and signalling a more cautious approach to further easing.