Industry reacts to death of Queen Elizabeth II


The industry has paid tributes to Queen Elizabeth II who died after 70 years as monarch.
Her Majesty died in Scotland on 8 September and the Australian Parliament had been temporarily suspended for a period of mourning. In the UK, the Bank of England delayed its latest meeting of the Monetary Policy Committee until 22 September.
Industry figures paid tribute to her time on the throne and as head of state in Australia.
Senator Jane Hume, former minister for financial services, superannuation and the digital economy, said: “She was our greatest source of inspiration for service and selflessness. We had an enduring affection for her Majesty and her for us”.
Former Treasurer, Josh Frydenberg, said: “Deeply saddened by the passing of Queen Elizabeth II. A remarkable individual whose life epitomised dignity, grace and service beyond self. Her very presence provided stability and strength. It is the end of an era but the Queen’s life will always be admired and never forgotten.”
A statement from the Financial Planning Association of Australia (FPA) said: “Queen Elizabeth has been on the throne for as long as most of us have been alive, and her death can truly be described as the end of an era. She was someone who symbolised devotion to duty and responsibility, and was a woman who deserved respect. We extend our condolences to her family”.
FPA chair, David Sharpe, added: “I couldn’t imagine living a life of such unrelenting service and duty. The Queen has been a symbol of stability and calm for the whole Commonwealth for seven decades”.
Prime Minister Anthony Albanese and Governor-General David Hurley were expected to travel to the United Kingdom for the funeral.
Recommended for you
Trustee and fund administration platform MSC Group has promoted Shelley Brown as its chief operations officer, having successfully completed the integration of the Certane Corporate Trust business.
Australian Unity’s group managing director and chief executive has announced his plans to retire at the end of the year after two decades leading the company.
TAL has appointed a senior manager for investment strategy and portfolio management who joins from a lead role at AIA.
Global wealth management platform FNZ has appointed a new group head of APAC, while boutique investment manager TWC Invest welcomes a chief technology officer.