Media Super cuts CIO position
Declining membership as a result of major redundancy programs at Fairfax newspapers and elsewhere appears to have had its corollary at industry fund Media Super which has reduced the size of its executive team.
The fund has dispensed with the services of its chief investment officer, John Glass.
The fund confirmed on Thursday that it had moved to consolidate activities under its chief executive, Graeme Russell.
Media Super is facing a number of changes in circumstances where one of its board members, Media Entertainment and Arts Alliance federal secretary, Chris Warren, has signaled his intention to depart his position with the union.
Recommended for you
Three of Australia’s largest financial advice groups have shared their thoughts with Money Management on whether they would include crypto on their approved product lists.
Shadow treasurer Angus Taylor has vowed to introduce a bill to legislate a raft of financial services reforms if the Coalition is elected.
Money Management examines the share price of financial advice licensees over one year to 31 March, with M&A actions in the final quarter having a positive effect for two licensees.
A $3.5 million settlement for victims of Melissa Caddick has been approved by the Federal Court following an initial agreement last December.
