AMP appoints retirement solutions head

AMP Australia has appointed Ben Hillier as general manager – retirement solutions, leading the development of financial solutions across the AMP Australia business.

Hillier joined from QSuper, where he designed and launched QSuper’s lifetime pension product, and before that spent six years at Sunsuper as its senior manager of super and retirement products.

He would report to Edwina Maloney, AMP Australia’s newly-appointed director of platforms, who said: “With our aging population and sustained historic low interest rates, the need for quality financial solutions to help Australians manage their income in retirement has never been greater.

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“Ben has an outstanding track record in developing market leading retirement solutions for customers and advisers and this will be his focus at AMP.

“I’ve no doubt his appointment to the AMP team will deliver great outcomes for our customers, advisers and the business.” 

Hillier said he joined AMP because he believed it was the best-placed organisation to deliver a complete range of solutions that Australians needed to enjoy a more confident and fulfilling retirement.

“AMP has resources and expertise across all areas of wealth management, including investments, super, SMSFs, banking, pensions and platforms,” Hillier said.

“I’m excited to bring this unique breadth of capability together into market leading retirement offers for customers and advisers.”




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Does this appointee hold any financial planning or superannuation qualifications?

Don't know. Ask him.

Does he need to ? He is not client-facing. I suspect he has higher qualifications. Ask him.

No he doesn't, he doesn't even have any knowledge around Code of Ethics. I've experienced his bullish product sales first hand and needed to remind him daily the legalities around providing advice. I pity AMP ....

Remind him daily? That obviously worked well. You're quite the influencer there James M.

The bigger question is what is his NASCAR record?

Correct.

Given he "designed and launched QSuper’s lifetime pension product, and before that spent six years at Sunsuper as its senior manager of super and retirement products", maybe he's suitably qualified?

I suspect he is.

This is clearly Scott Hartley pulling his Sunsuper friends over yet again.

Is that supposed to be a negative?? Wouldn't you do the same after how well Sunsuper performed during Scott's tenure?

Correct. AMP needs to recruit successful industry leaders. Good appointment.

It would be great if the new executives can deliver results and boost the share price. It's just that AMP has a bad track record of recruiting the right people, just look at the Credit Suisse crowd.

Time will tell. Most folks gave up on the AMP share price about 20 years ago.

Well the share price is now below $1.

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