Global consultancy firm Towers Watson has added three analysts to its Australian investment team.

Jordan Taylor joins from Finzsoft, where he was a research analyst in the financial services team.

Taylor will provide support to the strategy and client consulting teams.

Deepti Tammareddi comes across from AMP Financial Services and she will have a varied role in the central analytics team.

Andrew Tay will also join the central analytics team from PricewaterhouseCoopers in Hong Kong, where he worked as an associate in the assurance department.

"This represents our commitment to building our Australian team to ensure that we and our clients remain at the forefront of innovation in a highly complex and competitive investment environment," Towers Watson Australia investment services director Graeme Miller said.
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Miller said the ongoing consolidation in the superannuation industry had changed the interaction with clients.

"The superannuation landscape is consolidating and you end up with much larger clients on average. As they become larger, they become more sophisticated and the demands that they put on our business do change," he said.

"They look for more specialised advice. In most cases large funds have very well-resourced teams and what they are looking for is specialised skills that complement the skills that the team has already got.

"Asset consultants in the past used to advice clients that knew little about investing, but now relationships take more the form of a discussion with peers."

He said Towers Watson would make further additions to the team, which currently consists of 36 staff, over the coming months.

"We are in the process of recruiting more analysts," he said.