Fidelity International has announced that Richard Dinham will join the company as head of client solutions and retirement.
Dinham’s focus would be on working with Fidelity’s investment teams to develop new solutions to meet the current and future needs of wholesale and institutional clients in Australia.
Dinham’s previous role was head of research in Macquarie Bank’s wealth management division, and prior to that he held roles at StatePlus as chief investment officer and head of research.
He would report to the managing director, Alva Devoy, who said that following the introduction of compulsory superannuation, the financial services industry has been focused on serving the needs of clients as they accumulate their retirement savings.
“As this group gets closer to retirement, we recognise that we need to respond by developing solutions that better suit their needs,” said Devoy.
“Fidelity International globally offers world class investment solutions spanning equities, fixed income, real estate and multi asset,” she said. “Combining this global expertise with Richard’s local knowledge and experience allows us the opportunity to better meet the needs of our clients both now and into the future.”
The fund’s inaugural chief retirement officer is looking to establish a new venture.
The financial services company has made two senior appointments to its super and investments leadership team.
The $89 billion fund has named co-chief investment officers following the resignation of Andrew Lill earlier this month.
The industry body is adding 25 years of financial services experience to its leadership team with a new appointment.