New chairman for WA Super
West Australian-based industry superannuation fund, WA Super, has moved to address the question of independent directors on its board with the appointment of well-known Perth business identity Tim Shanahan.
Shanahan is currently chief executive of the West Australian Chamber of Minerals and Energy and has served as the chair of the fund's Compliance and Risk Management Committee since 2004.
He succeeds Nick Catania as chairman of the fund and will assume his role from 1 July.
The fund is expected to announce a number of other board appointments, with two other directors due to finish their terms at the same time as Catania.
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.