Fenech exits AMP’s SuperConcepts

30 November 2018
| By Mike |
image
image
expand image

AMP Ltd’s self managed superannuation funds (SMSF) business, SuperConcepts has taken a hit with the resignation of its chief executive, Natasha Fenech.

The group announced today that Fenech, who had been leading the business since 2014, would be departing in May, 2019, unless a successor was available prior to that date.

“Natasha’s results speak volumes about the five-year strategic plan she enacted, which included the transformation of the Company to a significant player in the SMSF industry moving from one per cent market share, to become a market leader servicing over 10% of SMSFs,” SuperConcepts chair, Richard Grellman, said. “She leaves us with a proud legacy and in solid shape for the next growth phase.”

Fenech joined SuperConcepts from Suncorp where she was executive general manager, Personal Insurance Customer, Product and Pricing.

Fenech is a non-executive director of financial technology investment platform, Macrovue.

Read more about:

AUTHOR

 

Recommended for you

 

MARKET INSIGHTS

sub-bg sidebar subscription

Never miss the latest news and developments in wealth management industry

JOHN GILLIES

Might be a bit different to i the past where at most there was one man from the industry on the loaded enquiry boards a...

1 day 6 hours ago
Simon

Who get's the $10M? Where does the money go?? Might it end up in the CSLR to financially assist duped investors??? ...

6 days ago
Squeaky'21

My view is that after 2026 there will be quite a bit less than 10,000 'advisers' (investment advisers) and less than 100...

1 week 6 days ago

AustralianSuper and Australian Retirement Trust have posted the financial results for the 2022–23 financial year for their combined 5.3 million members....

9 months 2 weeks ago

A $34 billion fund has come out on top with a 13.3 per cent return in the last 12 months, beating out mega funds like Australian Retirement Trust and Aware Super. ...

9 months 1 week ago

The verdict in the class action case against AMP Financial Planning has been delivered in the Federal Court by Justice Moshinsky....

9 months 2 weeks ago

TOP PERFORMING FUNDS

ACS FIXED INT - AUSTRALIA/GLOBAL BOND