BT loses Peck

Geoff Peck, head of BT’s corporate superannuation Super Solutions, is leaving the company to spend more time with his family.

Peck announced his resignation last week and will assist BT in finding a replacement. He has been with the company for 12 years and will relocate to Queensland in a time-out from the workforce, a BT spokesperson said. “He’s been really instrumental in the superannuation business for BT,” the spokesperson said. BT has $14 billion in funds under administration in Super Solutions and oversees a 50-member team.

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Geopolitical risks rewire asset allocation ‘operating system’: GIC

Some investors are “missing the point” of geopolitical risks by equating them to the disruptions from conflicts and wars, according to GIC chief economist Prakash Kannan, but in reality, geopolitical risk is no longer episodic or peripheral. This means investors need to think harder about inflation and country composition in their portfolio.

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