AMP Capital has announced two key sales executives appointments to its retail team.
John Meigan is the new state account manager for Queensland and Ryan Lapish is state account manager for Victoria.
Both will work under the new head of account management Barbara Glover, who moved across from the head of investment sales role at AXA last year, AMP Capital stated.
Meigan joins AMP Capital from Vanguard Investments where he helped grow their business in both New South Wales and then moved to Queensland as their first state based business development manager.
Lapish joins AMP Capital from Perpetual where he worked with advisers and dealer groups to develop new business opportunities and retain existing relationships, AMP Capital stated.
Super funds had a “tremendous month” in November, according to new data.
Australia faces a decade of deficits, with the sum of deficits over the next four years expected to overshoot forecasts by $21.8 billion.
APRA has raised an alarm about gaps in how superannuation trustees are managing the risks associated with unlisted assets, after releasing the findings of its latest review.
Compared to how funds were allocated to March this year, industry super funds have slightly decreased their allocation to infrastructure in the six months to September – dropping from 11 per cent to 10.6 per cent, according to the latest APRA data.