Plum Super has appointed superannuation lawyer and member of the Stronger Super Peak Consultative Group, Peggy Haines, to the trustee board for its two funds.
Haines will join the board of PFS Nominees, the trustee of the Plum Superannuation Fund and the Plum Pooled Superannuation Trust.
Haines is a senior superannuation and financial services lawyer and has recently joined Lander & Rogers as a consultant. Prior to this, she held the position of partner at Freehills for several years.
Haines has also held significant positions in the community including former chair of the Law Council of Australia Superannuation Committee, and member of the International Pension and Employee Benefits Association.
Haines had also worked as a consultant to the Commonwealth Treasury on the Super System Review.
She joins other recent appointees to the PFS Nominees Board — Geoff Webb, Michael Clancy and John Reid — who were appointed late last year.
Haines has also been appointed to the Boards of MLC Nominees and NULIS (Australia) Nominees.
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.