Clicky

Qantas Super announces death of director

Qantas Super has issued an announcement regarding the death of its board member, Paul Costello, who was first appointed to the trustee board in 2014 and was chair of the investment committee and a member of the remuneration and insurance committees.

“Paul was a pivotal figure in the super industry, and an enormous asset to the Qantas Super board. Even in his last weeks, Paul remained focused on serving the members of Qantas Super, attending committee meetings and contributing strongly to matters under discussion,” Qantas Super chair, Anne Ward, said.

Costello left a lasting legacy for Qantas Super members and his achievements included his assistance in developing a fully integrated investment platform, a new lifecycle option for default members, an enhanced approach to currency management and an improved retirement option.  

Related News:

He also helped drive the forays into timberland and agriculture, as well as the recent removal of tobacco from investment portfolios, the firm said.

Qantas Super said it lost a fierce advocate and the board and wider Qantas Super team extended their sincere condolences to Paul’s wife, Denise, and their family.




Related Content

FSC targets scale of under-performing industry fund defaults

There are a substantial number of not-for-profit default superannuation funds which are under-performing and this represents a reason for reforming th...Read more

Govt takes regulatory option on work test exemption

The Federal Government has used its regulatory powers to give recent retirees an extra year to contribute to superannuation under the work test exempt...Read more

Govt makes key concession on insurance inside super

The Federal Government has made a key concession on insurance inside superannuation for low balance members and those aged under 25 – allowing diffe...Read more

Author

Comments

Add new comment