One of Australia’s oldest corporate super funds has created a new position of manager, member services and communication, and a well-known administration BDM has bounced back from retrenchment to take it up.
The $1.4 billion Harwood Superannuation Fund, which was established in 1890 as CSR Super, has recruited Mike Turner to the new role.
Turner, who reports to the Harwood fund’s chief executive, Roslyn Ramwell, was most recently with Australian Administration Services as a client services manager, before being retrenched a few months ago at the height of the global financial panic. Prior to AAS he was head of sales and marketing for rival member administrator Pillar for five years.
Before Pillar, Turner spent about 11 years in the investment administration side of the industry, with National Asset Servicing, BNP Securities Services and State Street Investor Services.
He said he was excited to be working on the fund side of the business rather than administration roles.
Harwood consists of several funds covering the CSR divisions with a total of about 13,200 members spread all over the country. The sugar, coal and building products company dates back to 1855.
The super funds have outsourced administration and
implemented consulting. The defined benefit component is closed to new members.