Industry superannuation fund HESTA has reappointed Link Group to provide retirement and super solutions to the fund.
The initial three-year term commenced 1 July, 2020, and HESTA had an option to extend the term for a further two years.
Commenting, HESTA chief executive, Debby Blakey said: “We are very pleased to continue our strong working partnership with Link Group as our fund administrator, and collaborating to produce great outcomes for our members including improved service and technology offerings”.
Link Group retirement and superannuation solutions chief executive, Dee McGrath, said HESTA and its members in the health and community services sector played an important role, especially during the COVID-19 pandemic.
“This reappointment is also testament to the efforts and commitment of our retirement and superannuation solutions team, who work tirelessly to support our fund clients and their members, and of our continued investment in our industry-leading technology,” McGrath said.
The fund has hired a former ART executive as its new head of group strategy.
The sovereign wealth fund has revealed six internal hires to support the execution of key strategies.
The fund has announced the departure of a second senior executive in as many months, with its chief member officer to finish up mid-December.
The $89 billion fund has announced a new leadership role within its private markets team.