Allianz Retire Plus appoints ex-CFS super head

Allianz-retire-plus/Fintan-Thornton/Matt-Rady/colonial-first-state/

9 September 2020
| By Chris Dastoor |
image
image
expand image

Allianz Retire Plus has appointed Colonial First State head of superannuation, Fintan Thornton, in the newly-created role of head of institutional solutions.

Thornton would be responsible for developing the firm’s partnerships and solution design for the institutional segment of the Australian investment market.

Thornton had over 20 years’ experience working across Australian and international financial services markets and was also a non-executive director on the board of CBHS Health Fund.

His other executive roles included head of employee superannuation at Commonwealth Bank of Australia, director of actuarial for Russell Investments, and retirement practice actuarial consultant for Willis Towers Watson in the UK.

Matt Rady, Allianz Retire Plus chief executive, said the company's extensive global capabilities and expertise in investment innovation could play an important role in helping superannuation trustees at a time of significant industry transformation.

“We are entering a new era in the delivery of a more robust retirement income system,” Rady said.

“With the upcoming retirement income covenant, there is finally a sharper focus on the development of a more sustainable framework.

“It’s pleasing to see several progressive trustees seeking innovative ways to meet the post-retirement investment challenge. 

“Fintan’s appointment underpins a growing interest in our capabilities, and his wealth of relevant experience means he is extremely well placed to deliver for our partners.”

Read more about:

AUTHOR

Recommended for you

sub-bgsidebar subscription

Never miss the latest news and developments in wealth management industry

MARKET INSIGHTS

So we are now underwriting criminal scams?...

1 month 3 weeks ago

Glad to see the back of you Steve. You made financial more expensive, not more affordable as you claim, and presided ...

2 months ago

Completely agree Peter. The definition of 'significant change is circumstances relevant to the scope of the advice' is s...

4 months ago

Entireti has unveiled the new name for the AMP financial advice businesses that it acquired last year....

4 weeks ago

A Sydney financial adviser has been permanently banned from providing any financial services, with the regulator deriding his “lack of integrity, trustworthiness and prof...

2 weeks 5 days ago

Minister for Financial Services, Stephen Jones, has provided further information about the second tranche of the Delivering Better Financial Outcomes (DBFO) reforms....

1 week 4 days ago

TOP PERFORMING FUNDS