Colonial First State has appointed Adrian Fortescue as its head of insurance, which commenced on 1 March.
Fortescue joined from Munich Re Australia and had over 20 years of financial services and health management experience.
CFS head of superannuation, Kylie Turner said: “CFS plays an important role for members who hold insurance through their superannuation accounts.
“Last year we supported over 1,400 members paying out $179 million in insurance benefits to support individuals and families in their time of need.”
The $16 billion fund has teamed up with a retirement income product specialist to give its members more confidence to spend in retirement.
The super fund-owned institutional investment manager has appointed an internal candidate as its next head of operations.
The $91 billion fund has doubled down on its data security, alongside enhancing its investment strategy, with two key appointments.
The Albanese government has appointed Jim Craig as a member of the Future Fund Board of Guardians for a five‑year term.