Former AGEST chief executive Michael Seton has been appointed as chief executive of the Military Superannuation and Benefits Scheme, succeeding Paul Watson.
The chairman of Military Super, Tony Hyams, confirmed Seton’s appointment this week.
Seton has more than 30 years experience in the superannuation and insurance industries and was chief executive of AGEST for eight years.
First Nations Australians have faced systemic barriers accessing super, with rigid ID checks, poor service, and delays compounding inequality.
“Slow and steady” appears to be the Reserve Bank’s approach to monetary policy as the board continues to hold on to its wait-and-see method.
AFCA’s latest data has shown a decline in complaints relating to superannuation, but there is further work to be done, it has warned super funds.
Limited exposure to fossil fuel companies has positively impacted the performance of Australian Ethical’s balanced and growth funds, the super fund says.