New CEO for Financial Synergy

Super admin software provider Financial Synergy has found a replacement chief executive for Ken Galbraith, who has returned to consulting.

The vendor of Acurity, the admin platform which counts UniSuper, QSuper and Telstra Super among its users, has appointed Phillip Campbell to the top job, an executive with no direct superannuation experience but 20 years behind him at chief executive level in various industries across the technical and services sectors.


“Phillip has transitioned a number of SMEs to the next level of corporate sophistication. His early experience in large public companies and subsequently with IPOs and M&A activity will stand us in good stead for the future,” said David Orford, Financial Synergy’s chairman and founder.

Campbell started yesterday at Financial Synergy’s Melbourne head office.

 


 

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‘It’s crazy’: More gold than bonds in super portfolios as funds rethink defensive plays

The shifting global economic landscape and its impact on currency markets are forcing asset owners to re-think the defensive portion of portfolios as traditional hedging techniques become less effective and new ones emerge. The Fiduciary Investors Symposium heard that for one fund that’s led to gold overtaking government bond allocations.

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