Kinetic Super CEO departs
Industry fund, Kinetic Super has announced its chief executive, Megan Bolton, has departed from her role after a mutual agreement between herself and the board.
The announcement comes seven years after Bolton assumed the role at the fund.
Kinetic Super board chairman, Frank Gullone, said Bolton decided to pursue other opportunities while the board "decided it was time to move forward under a new leadership".
"During her time at Kinetic Super, Ms Bolton led the Fund through a number of strategic initiatives, including a substantial rebrand, streamlining and rationalising of three divisions into one fund, relaunching the Fund's investment platform and building a senior leadership team," Gullone said.
Gullone said an interim chief executive would be appointed shortly.
AUTHOR
Malavika Santhebennur
Recommended for you
Determinations by the FSCP since the start of 2025 are almost double the number in the same period of 2024, with non-concessional contribution cap errors and incorrect advice among the issues.
Whether received via human or digital means, financial advice is reportedly leading to lower stress and more confidence, according to Vanguard.
The new financial year has got off to a strong start in adviser gains, helped by new entrants, after heavy losses sustained in June.
Michael McCorry, chief investment officer at BlackRock Australia, has detailed how investors are reconsidering their 60/40 portfolios as macro uncertainty highlight the benefits of liquid alternatives.
