Industry fund legalsuper has appointed a new chief investment officer.
The fund announced this week it had appointed former Australian Unity head of portfolio management, Edward Smith, to the role.
Confirming Smith's appointment, legalsuper chief executive, Andrew Proebstl said it would increase the fund's internal investment expertise and create more capability to access investment opportunities that might not be readily accessible to larger super funds.
He said Smith would play a lead role in advising the fund's Investment Committee and Board on investment strategy, and overseeing all aspects of legalsuper's investment arrangements.
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.