The Australian Institute of Superannuation Trustees (AIST) has appointed David Haynes as executive manager and Karen Volpato as senior policy adviser as part of a policy department restructure.
Haynes has been a project director at AIST since 2010 and has also worked for Industry Fund Services and AUSfund.
Volpato has been a long-standing member of AIST's policy committee. She most recently left her post as marketing manager at First State Super, having previously been executive manager at Retirement Benefits Fund.
AIST chief executive Tom Garcia said key objectives for its policy team this year were to help funds implement Stronger Super reforms, and to continue industry discussions on adequacy, post-retirement and the superannuation system's sustainability.
"David's passion, knowledge and grasp of super policy are highly regarded by all who have worked with him over the years," Garcia said.
"Similarly, Ms Volpato's expertise in policy, research and marketing will be an invaluable addition to AIST."
Volpato gave up her position in AIST/Women in Super's Super Springboard Program to BNP Paribas' Cathy Doyle in order to accept the appointment.
As the Australian financial landscape faces increasing scrutiny from regulators, superannuation fund leaders are doubling down on their support for private markets, arguing these investments are not just necessary but critical for long-term financial stability.
Australian Retirement Trust (ART) is leaning on its private asset allocation to help shield members from ongoing market volatility, as its chief economist stresses the importance of long-term thinking and diversification.
AustralianSuper is poised to cement its leadership in the superannuation landscape over the next five years, with fresh research forecasting a sharp shift in the sector’s power dynamics.
The Reserve Bank of Australia (RBA) has warned that significant liquidity pressures could arise in the superannuation sector if multiple risks materialise at once, potentially amplifying shocks in the financial system.