Industry fund tax guru crosses street

A guru on tax matters for corporate and industry superannuation funds has moved from Deloitte to Mercer Outsourcing.

Richard Rose, a Sydney-based tax principal at Deloitte for more than ten years, started at Mercer Outsourcing this year as a client services manager in its corporate super division. In other Mercer news, Mercer’s Sentinel administration consultancy has hired Jeff Crispin to lead its business development in Europe. Crispin, a 25 year veteran of the pension industry who’s worked on both the fund and custodian sides, joined from Thomas Murray where he ran European sales.

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The twin forces rewriting the rules of investing

Portfolios built for the old world will be severely tested as emerging forces rewrite the rules of investing. The Top1000Funds.com Fiduciary Investors Symposium heard that geopolitical and macroeconomic upheaval, together with the disruption wrought by AI, should force asset owners to rethink the structure and composition of portfolios.

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