National Australia Bank-owned Plum Financial Services has appointed a new head of member services in an effort to enhance its education and advice offering for corporate superannuation members.
New appointee Tony Stewart will also take on the broader role of head of MLC’s corporate and institutional wealth division.
Stewart has more than 15 years industry experience, and joined Plum two years ago as head of product strategy. He has also worked for MLC as strategy and development manager for online wealth management.
In announcing the appointment, managing director Scott Hartley said Stewart would help to drive further advancements in education for Plum’s 189,000 members and help them take control of their finances.
Hartley said the internal appointment complements the recent addition of new members for Plum’s education team focused on member engagement activities with employers.
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.