Active Super and Vision Super are now entering the home stretch of a drawn-out merger process that will create a new $29 billion fund with 170,000 member accounts.
The NZ Superannuation Fund has made half-a-dozen fresh investments over the previous few months across an eclectic range of strategies including US timber, a quant trend-follower and a life science specialist.
SuperRatings formalizes consulting division
SuperRatings has formalized its consulting work with the appointment of Adam Gee, former superannuation services director at KPMG, to the new position of head of the consulting division.
Nathan MacPhee, SuperRatings CEO, said: “For the last decade SuperRatings has consistently undertaken consulting projects on behalf of clients, but we have never marketed our consulting services to the industry. Given the depth of our expertise, the significant market insights via our market-leading data and the rate of change in the industry, it is now a natural progression for us to push further into the provision of consulting services.”
The firm believes that there has been a big increase in demand for assistance by super funds due to the regulatory changes such as Stronger Super as well as tender management, product development and compliance work, which Gee will manage.
Gee starts his new role today. He spent more than 11 years at KPMG. Before that he was a business analyst at Colonial First State.
