AMP Capital recruits SMSF head
AMP Capital has reaffirmed its commitment to the self-managed superannuation fund (SMSF) market by appointing a former National Australia Bank executive to the newly created role of head of SMSF.
Tim Keegan, who has 20 years' experience in wealth management and was formally the head of NAB's online share trading business nabtrade, will start with AMP Capital later this month.
The company was in the market for a dedicated SMSF executive for several months, with AMP Capital director of retail and corporate Craig Keary saying they might be the first fund manager with such a resource.
Keegan will work closely with AMP Captial's retail team and AMP's SMSF business to develop customer-focused investment solutions.
"Tim is a proven leader with a deep understanding of the retail market and the distinct needs of retail clients. His experience in strategy development, building businesses from scratch and identifying commercial opportunities will be critical to AMP Capital's move into this largely untapped market," Mr Keary said.
Keary flagged an increase in focus on SMSF strategy earlier this year, which will also see the company develop products and solutions specifically desined for this market segment, which will be available next year.
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