Equip Super creates new position

appointments/

13 May 2015
| By Staff |
image
image image
expand image

Industry fund, Equip Super has appointed Troy Rieck to the newly created position of Executive Officer, Liability Management.

The appointment has been confirmed by Equp chief executive, Danielle Press, who said Rieck would oversee liability management of the fund's investment portfolios, initially focusing on the fund's substantial defined benefits.

Press said the appointment would enable the fund to maintain a leadership position in defined benefits and in communications and product development that would help members to achieve their personal retirement income goals.

"In defined benefit, Troy will work with the fund actuary and our employers to provide more tailored investment solutions for those schemes as their ageing membership demographic moves closer to retirement," she said. "He will also add considerable strength to the development of our capabilities in outcome investing, working with our financial planners to provide a more holistic wealth offering to our high net worth members."

Press added said the third primary objective of the role is to focus on outcome investing for accumulation members, where Equip wanted to develop the capability to manage portfolios aligned to individual retirement income targets.

Rieck was previously Executive Manager, Investment Advice at Suncorp and was previously with the Queensland Investment Corporation (QIC) running the capital markets division.

Read more about:

AUTHOR

Recommended for you

sub-bgsidebar subscription

Never miss the latest news and developments in wealth management industry

MARKET INSIGHTS

The succession dilemma is more than just a matter of commitments.This isn’t simply about younger vs. older advisers. It’...

2 months ago

Significant ethical issues there. If a relationship is in the process of breaking down then both parties are likely to b...

2 months 3 weeks ago

It's not licensees not putting them on, it's small businesses (that are licensed) that cannot afford to put them on. The...

3 months ago

BlackRock Australia plans to launch a Bitcoin ETF later this month, wrapping the firm’s US-listed version which is US$85 billion in size....

4 days 23 hours ago

ASIC has banned a Melbourne-based financial adviser for eight years over false and misleading statements regarding clients’ superannuation investments....

2 weeks 4 days ago

ASIC has banned a Melbourne-based financial adviser who gave inappropriate advice to his clients including false and misleading Statements of Advice....

2 weeks 2 days ago

TOP PERFORMING FUNDS

ACS FIXED INT - AUSTRALIA/GLOBAL BOND
moneymanagement logo