Vision Super CEO to retire on merger eve

Brooks said it was important that funds “planned for tomorrow” and articulated their futures.

“We don’t want a regulator coming to us in five years time and saying ‘Why haven’t you done anything [in regards to improving scale]? Couldn’t you see the way the industry was heading?'”

 

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Aware culls TelstraSuper investment team

Aware Super has axed TelstraSuper’s entire investment team, including its acting CIO Kate Misic, as a result of the merger between the two funds. A TelstraSuper spokesperson confirmed to Investment Magazine that a “decision was made not to duplicate TelstraSuper’s investment functions” due to Aware’s existing 150-person strong investment team across Australia and the UK.

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