POWERED BY MOMENTUM MEDIA
Cbus makes internal appointment to group exec role
Cbus Super has appointed Michelle Boucher, as its group executive, People, Technology and Enablement, following a successful spell at the fund as group executive, Member Experience.
Boucher had worked at Cbus for five years and had more than 30 years’ experience in the superannuation, trustee and public service sector.
Cbus chief executive, David Atkin, said that Boucher’s experience at the fund made her ideally placed to drive innovation and growth across the company.
He expected the $40 billion fund to double in size within five to six years and said it was seeking to take “greater direct control of our investment activities and of our member and employer advice and services”.
Boucher was excited to have the opportunity to drive change in an “evolving” environment.
“Cbus has embarked on a significant programme of work to innovate and ensure our 760,000 members get the best service they can from the fund,” she said.
“I have already been working closely with Deloitte, our strategic partner to drive this next stage in our transformation and look forward to expanding on that work.”
Cbus said that a recruitment process for the group executive, Member Experience, role was underway.
Recommended for you
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.
TOP PERFORMING FUNDS
ACS FIXED INT - AUSTRALIA/GLOBAL BOND
Fund name
3y(%)pa
1
DomaCom DFS Mortgage
90.28 3 y p.a(%)
2
GAM LSA Private Shares AU I
37.08 3 y p.a(%)
3
DomaCom Lot 21 Chellaston Road Munno Para West SA 5115 Australia
31.44 3 y p.a(%)
4
Fidante Credit Suisse Global Private Equity
31.12 3 y p.a(%)
5
Global X GlobalX FANG+ ETF
28.28 3 y p.a(%)
