POWERED BY MOMENTUM MEDIA
Russell’s Steve Schubert heads to Mercer
Mercer has succeeded in recruiting the former managing director of superannuation for Russell Investments, Steve Schubert, and has appointed him to a new role as enterprise-wide client manager leader in Australia and New Zealand.
Mercer announced the appointment today and said Schubert would be responsible for driving growth while managing Mercer's largest clients across its consulting, outsourcing and investments businesses.
Commenting on the appointment, Mercer managing director and market leader for Australia and New Zealand David Anderson said the company was excited about Schubert's new role and the establishment of a dedicated, enterprise wide client management team.
Schubert will report to Anderson and will be based in Melbourne.
AUTHOR
Mike Taylor
Recommended for you
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.
TOP PERFORMING FUNDS
ACS FIXED INT - AUSTRALIA/GLOBAL BOND
Fund name
3y(%)pa
1
DomaCom DFS Mortgage
88.01 3 y p.a(%)
2
Global X 21Shares Bitcoin ETF
72.60 3 y p.a(%)
3
Global X GlobalX FANG+ ETF
44.24 3 y p.a(%)
4
Pengana High Conviction Equities B
40.36 3 y p.a(%)
5
Pengana High Conviction Equities A
40.34 3 y p.a(%)
