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.
Future Group is set to take on nearly $1 billion in funds under management (FUM) and welcome more than 100,000 new members following two significant successor fund transfers.
Insignia’s Master Trust business suffered a 1.9 per cent dip in FUA in the third quarter, amid total net outflows of $1.8 billion.
While the Liberal senator has accused super funds of locking everyday Australians out of the housing market, industry advocates say the Coalition’s policy would only push home ownership further out of reach.
Australia’s largest superannuation fund has confirmed all members who had funds stolen during the recent cyber fraud crime have been reimbursed.