Rosemary Vilgan

Investment Strategy

Readers’ most popular articles of 2015

If you keep significant facts hidden, then suddenly make them public it is going to generate big interest. This is what happened when APRA forced the disclosure of the remuneration paid to chief executives, chief investment officers and chairs of APRA-regulated superannuation funds. Consequently, Investment Magazine published its first-ever salary survey in February and created […]
Unintentional

AustralianSuper’s CEO enjoys 15 per cent pay rise

Ian Silk, chief executive of AustralianSuper, received a 15.44 per cent raise for the 2014/15 financial year, the greatest increase in pay of a chief executive at a large super fund. CPI for 2014/15 was 1.5 per cent meaning the raise was 10 times more than inflation. His total remuneration package was $805,372 including a […]
Investment Strategy

Pennisi to succeed Vilgan at QSuper

Michael Pennisi, QSuper’s long serving chief strategy officer has been appointed as the group’s new chief executive. Pennisi who was the main internal candidate for the role has been confirmed just six weeks after Vilgan announced her resignation. He has spent close to 19 years at QSuper and has been responsible for setting QSuper’s strategic […]
Investment Strategy

Rosemary Vilgan resigns

QSuper chief executive officer Rosemary Vilgan has announced she will resign from her role after 18 years at the helm. Vilgan, who will spend her last day in the office on October 23, has spent the past few years on an evangelical push to get QSuper members moved into investment cohorts reflective of their relative […]
Governance

Super Salary Survey: How do they line up?

Two philosophies dominate superannuation remuneration – those who believe top dollar and bonuses attract the best, and those who believe this is the antithesis of the profit-to-members ethos John Pearce, chief investment officer of UniSuper, was the highest paid employee in industry superannuation in 2014.  In a not-for-profit sector where there is widespread unease at high […]
Governance

Super Salary Survey: Differences in Disclosure

What do the explanations for remuneration strategies given by funds reveal? The biggest clichés in super fund remuneration statements are that the trustees consult with independent external consultants to ensure pay is in line with industry standards and that incentive pay for CEOs and CIOs is based on key performance indicators (KPIs). Usually this is […]
Hedge Funds

QSuper imagines long life insurance

QSuper has envisioned a process for creating its own deferred annuity that would be one part investment and one part a group insurance contract. Speaking after a hard hitting oration to the ASFA annual conference in which she called for a “second super revolution”, Rosemary Vilgan, chief executive of QSuper, said this product could be […]
Investment Strategy

QSuper tops member satisfaction scores

QSuper members have the highest satisfaction levels in the industry, with 89.3 per cent satisfied compared to an average of 65.6 per cent, according to Core Data. In a survey of 1,468 fund members, Core Data also found engagement overall has reached a three year high among, with baby boomers overtaking the pre-boomers as the […]
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