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.
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.