AIST president becomes chair of CareSuper
The president of the Australian Institute of Superannuation Trustees (AIST), Cate Wood, has been appointed as chair of industry fund CareSuper.
The superannuation fund confirmed Wood's appointment this week along with that of employer-director of the fund, David Michaelis, as deputy chair.
Wood comes to the chair of the industry fund with plenty of credentials, having previously been both the chief executive and a director of AGEST Super and the chief executive of the Trade Union Training Authority (TUTA).
Woods succeeds well-known superannuation fund identity Sandy Grant as the chair of the fund, with Grant continuing as an employer director.
The CareSuper Board has appointed member director Cate Wood as its new chair. Employer director David Michaelis has been appointed deputy chair.
Wood is also the current chair of the Women in Super organisation.
Recommended for you
With Insignia shares up 32 per cent in the past month and the firm enacting a five-year growth plan, Morningstar believes the two recent acquisition bids from private equity firms demonstrate the company is undervalued.
As financial advisers enter the new year, Assured Support shares eight strategies to help advice businesses thrive through focused and consistent planning.
Insignia Financial has received a takeover bid from a second US firm, topping Bain Capital’s offer with a bid of $4.30 per share.
As the year comes to an end, Money Management takes a look at the biggest announcements that shocked the financial advice industry in 2024.