The Association of Superannuation Funds of Australia (ASFA) has recruited former Australian Securities and Investments Commission staffer and MLC regulatory specialist Margaret Stewart as its new general manager of policy.
The appointment has been confirmed by ASFA chief executive Pauline Vamos, who pointed to Stewart’s strong qualifications for the role.
Stewart succeeds David Graus in the key policy position.
The industry fund has upped its investment in start-ups, helping to unlock the benefits of innovation and emerging technologies.
The chair of the Future Fund has slammed critics of the sovereign wealth’s new mandate as “factually incorrect”.
Super Review understands the Division 296 legislation could be facing the chopping block, with Labor said to be struggling to secure support ahead of the final sitting week of the year.
Deloitte Access Economics has raised concerns about the government’s recent changes to the Future Fund’s investment mandate, questioning the necessity and implications of the reforms.