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Equity Trustees adds to super boards
Equity Trustees has announced the appointment of Jocelyn Furlan to the Superannuation Limited (ETSL) and HTFS Nominees Pty Ltd (HTFS) boards, which have oversight of one of the companies’ fastest growing trustee services.
The superannuation trustee business has oversight of some $80 billion of funds invested for more than 790,000 Australians. This includes a growing Small APRA Funds (SAF) service line.
According to Equity Trustees, the portfolio also includes $6 billion in FUM from the recent appointment as trustee of Perpetual’s superannuation products.
Furlan, whose appointment became effective this week, is a former chairperson of the Superannuation Complaints Tribunal. Moreover, she has held roles on boards and committees including Aware Super, Vanguard Investments, Financial Counselling Australia, the Customer Owned Banking Association, Perpetual Superannuation Limited, and Russell.
“Jocelyn brings significant superannuation industry experience as a practitioner, regulator and director. She has a deep understanding of relevant regulation, member experience and risk management, and will be a great addition to our highly experienced boards” Mick O’Brien, managing director at Equity Trustees, said.
“Given the digital transformation which has been taking place across our whole enterprise, including the superannuation part of the business, Jocelyn’s insights from her experience throughout other digital transformation programs will be invaluable to the work of the boards.
“On behalf of the board and our team of leading superannuation trustee specialists, I welcome Jocelyn to Equity Trustees.”
Commenting on her appointment, Furlan said: “I am delighted to be joining the boards of ETSL and HTFS and look forward to contributing to great member outcomes and good governance of the funds under trusteeship.”
In February, the ASX-listed trustee company announced record funds under management, administration and supervision (FUMAS) of $224 billion in 1H25.
At the time, board chair Carol Schwartz said it has been a “transformational” period for EQT, with its completed AET acquisition, exiting UK and Ireland, and continued investment in modern technology systems occurring over the half year.
For its Corporate and Superannuation Trustee Services (CSTS), it delivered revenue of $38.3 million, up 11 per cent.
AUTHOR
Jessica Penny
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