Sunsuper has appointed a new Melbourne-based business manager for its corporate business.
Diana Hale has taken on the role of Victorian business manager, replacing Geoff Duncan who retired from the position earlier this year. She will be responsible for Sunsuper’s existing corporate clients in Victoria, as well as for growing new corporate business in the state. Wayne Sullivan, the fund’s marketing manager, said Sunsuper’s corporate super has grown strongly over the past 18 months to two years. Sunsuper’s corporate super grew 123 per cent in 2005, reaching $1 billion by the end of the year, and is expected to reach $1.5 billion by the end of this financial year. Hale joins Sunsuper from Rice Walker Actuaries where she worked on strategy development for super funds. Prior to that she worked at Plum Financial Services, County Investment Management and Mercer Human Resources Consulting. Sunsuper manages $8.5 bullion in assets for over 850,000 members and 60,000 employers.
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Investments
Ian Patrick, chief investment officer of the $370 billion Australian Retirement Trust, says that integrated balance sheet management will “beyond a shadow of a doubt” become a more prominent feature in the superannuation industry as funds grapple with the compounding effects of their growing size, systemic importance and the liquidity needs of servicing a larger cohort of retirees.


















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