Frank Gullone
Superpartners Administration has appointed an interim chief executive officer following the departure of long-serving Frank Gullone, announcing that Peter McNeil would assume the position from the beginning of this week.
McNeil joined Superpartners in November, last year, from health insurer Medibank Private, and previously filled senior management roles with Colonial and tAustralia Pos.
He said his first priority as acting chief executive was to ensure the company’s key strategic initiatives would continue and be successful.
He said Superpartners’ Simpler Super project had now entered the execution phase, and he was confident the company’s systems and staff would be able to deliver the changes effectively and efficiently.
The super fund has significantly grown its membership following the inclusion of Zurich’s OneCare Super policyholders.
Super balances have continued to rise in August, with research showing Australian funds have maintained strong momentum, delivering steady gains for members.
Australian Retirement Trust and State Street Investment Management have entered a partnership to deliver global investment insights and practice strategies to Australian advisers.
CPA Australia is pressing the federal government to impose stricter rules on the naming and marketing of managed investment and superannuation products that claim to be “sustainable”, “ethical”, or “responsible”, warning that vague or untested claims are leaving investors exposed.