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Superannuation
04 July 2025 by Maja Garaca Djurdjevic

From reflection to resilience: How AMP Super transformed its investment strategy

AMP’s strong 2024–25 returns were anything but a fluke – they were the product of a carefully recalibrated investment strategy that began several ...
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Regulator investigating role of super trustees in Shield and First Guardian failures

ASIC is “considering what options” it has to hold super trustees to account for including the failed schemes on their ...

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Magellan approaches $40bn, but performance fees decline

Magellan has closed out the financial year with funds under management of $39.6 billion. Over the last 12 months, ...

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RBA poised for another rate cut in July, but decision remains on a knife’s edge

Economists from the big four banks have all predicted the RBA to deliver another rate cut during its July meeting, ...

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Retail super funds deliver double-digit returns despite market turbulence

Retail superannuation funds Vanguard Super and Colonial First State have posted robust double-digit returns for ...

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Markets climb ‘wall of worry’ to fuel strong super returns, but can the rally last?

Australian super funds notched a third consecutive year of strong returns, with the median balanced option delivering an ...

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ANZ reshuffles executives

  •  
By Christine St Anne
  •  
4 minute read

The bank announces a slew of appointments within its executive team.

ANZ Bank has hired Jenny Fagg as the managing director of its New Zealand retail bank.

Fagg will report to ANZ Bank chief executive Graham Hodges.

Fagg is currently managing director for the bank's consumer finance business in Australia. She will move into her new job in April.

In her new role, Fagg will be responsible for managing the bank's retail business including business banking, mobile mortgage managers, broker network and direct banking.

 
 

The bank has also announced a number of appointments within its organisation.

Current managing director of banking products John Harries will move into Fagg's position.

Managing director of retail banking Louise Hawke will have her job expanded to also manage banking products.

Marketing executive Sonya Clancy's also will also be expanded and her new title will be general manager, human resources and marketing.

Clancy, Harries and Hawke will all report to group managing director Brian Hartzer.