Pillar Administration has a new chief executive, following the departure of Peter Beck.
Beck confirmed his departure this week to pursue private business interests.
Super Review understands that Beck has been succeeded by former Pillar CEO, Peter Cormack, who returned to the administrator earlier this year.
Australia’s largest superannuation fund has confirmed all members who had funds stolen during the recent cyber fraud crime have been reimbursed.
As institutional investors grapple with shifting sentiment towards US equities and fresh uncertainty surrounding tariffs, Australia’s Aware Super is sticking to a disciplined, diversified playbook.
Market volatility continued to weigh on fund returns last month, with persistent uncertainty making it difficult to pinpoint how returns will fare in April.
The Association of Superannuation Funds of Australia (ASFA) has called for the incoming government to prioritise “certainty and stability” when it comes to super policy.