AustralianSuper has elevated the issue of retirement to the executive level, creating the role of Chief Officer Retirement.
The fund has appointed Shawn Blackmore into the role. Blackmore was previously Group Executive, Member Experience at AustralianSuper since 2013.
“Retirement isn’t simply a product solution,” Blackmore said, “It is about combining product, service and advice into an offering that is accessible to all members regardless of their account balance.
“Every member’s retirement journey is different, and our role is to ensure that they have the confidence they need to spend the superannuation savings they have worked so hard for throughout their working lives to achieve the kind of retirement they want,” Blackmore said.
He will take on this new role from 1 December 2022.
With over 900,000 members over the age of 50, AustralianSuper members are counting on us to ensure we are there for them before retirement, in the transition to retirement and also in retirement – Paul Schroder
“AustralianSuper is committed to being a leader in retirement for members,” Paul Schroder, Chief Executive Officer of AustralianSuper said. With over 900,000 members over the age of 50, AustralianSuper members are counting on us to ensure we are there for them before retirement, in the transition to retirement and also in retirement.”
AustralianSuper also appointed Group Executive Membership and Brand, Rose Kerlin as its new Chief Member Officer.
In this new role, Kerlin will be responsible for members enjoying a ‘seamless journey with the fund, including having access to leading products and services, and trustworthy guidance
The current executive team now consists of:
• Paul Schroder – Chief Executive
• Mark Delaney – Chief Investment Officer and Deputy Chief Executive
• Sarah Adams – Chief Strategy & Corporate Affairs Officer
• Shawn Blackmore – Chief Officer Retirement
• Peter Curtis – Chief Operating Officer
• Michele Glover – Chief Colleague Officer
• Rose Kerlin – Chief Member Officer
• Andrew Mantello – Chief Risk Officer
Over the coming decade, AustralianSuper is expected to grow from its current $263 billion to closer to $1 trillion in member assets under management. In the past financial year, the fund has added 635,000 new members and experienced net inflows of $25 billion.
“AustralianSuper is committed to generating strong long-term performance for members and these appointments are an essential part of achieving that goal,” Schroder said.
[i3] Insights is the official educational bulletin of the Investment Innovation Institute [i3]. It covers major trends and innovations in institutional investing, providing independent and thought-provoking content about pension funds, insurance companies and sovereign wealth funds across the globe.