Equip Super creates new position
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.
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