Towers Watson has picked up a key superannuation asset consultancy mandate.
West Australian based super fund WA Super has appointed Towers Watson as asset consultant of its investment portfolio following a competitive selection process.
WA Super chief executive, John McNally said the fund had chosen Towers Watson as the most suitable partner to provide investment consulting given their global research coverage, thought leadership, and alignment in assisting the trustee in delivering investment outcomes for members.
Towers Watson investment business head, Graeme Miller, said he believed that the largest public offer superannuation fund in Western Australia and one whose approach is focussed on making a real difference to the lives of its members in retirement, there was a strong cultural and philosophical alignment between Towers Watson and WA Super.
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.