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 Association of Superannuation Funds of Australia (ASFA) has announced changes to its structure, marking an “exciting phase of growth” for the organisation.
The $74 billion fund has welcomed an experienced CIO to lead its investment strategy.
With the merger between Mine Super and TWUSuper in its late stages, the head of the soon-to-be combined fund is the latest to join ASFA’s board.
The fund has announced new additions to its trustee board.