Macquarie Global Investments has appointed a senior institutional sales manager.
Sandra Krueger will be responsible for developing and maintaining relationships with institutional investors regarding investment opportunities offered by Macquarie Global Investments, including the Macquarie Professional Series, the group stated.
Krueger has worked in the Australian institutional market for about 10 years and brought significant international expertise to the team, said Macquarie Global Investments head of distribution, Adrian Stewart.
The Federal Court has ordered AustralianSuper to pay $27 million for failures to address multiple member accounts.
The country’s fourth-largest fund is targeting the “missing middle” of members with a new digital advice service in partnership with Ignition Advice.
The prudential regulator confirmed it is considering BUSSQ’s Federal Court appeal.
The Albanese government has put forward a bold proposal to tackle the challenges of Australia’s swelling retirement pool, in an effort to allow superannuation funds to play a more active role in shaping members’ retirement outcomes.