A new fund trying to break into the superannuation scene, TOMORROW Super, has appointed three executives to its newly-created advisory board, as it pursues advanced discussions with several venture capitalist firms and high net worth individuals.
Former AMP director, Peter Nicholas, MercerBell and Saatchi & Saatchi digital design lead, Ram Castillo, and Alpin Advisory managing partner, Andrew Murray, would join the board, alongside TOMORROW Super chief executive, Wes Hall, and director, David Easton.
“Andrew, Peter and Ram bring their extensive experience, network and knowledge in several fields and industries,” Hall said.
“They will guide the development of our digital capability and reach, refine our product design and assist with our capital raising activities.”
All the advisory board members would also become shareholders in the business. The fund said that the above-mentioned discussions would close out its Series A capital raise of up to $5 million next month.
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.