New managing director at AMP SMSF

AMP has appointed Suncorp executive Natasha Fenech as the new managing director of AMP SMSF.

Fenech will join AMP in February from Suncorp where she is currently executive general manager, Personal insurance customer, product and pricing. She will report to Paul Sainsbury who was promoted to chief customer officer in April.

Sainsbury said Fenech’s appointment capped off a big year for AMP SMSF, which recently acquired SMSF administration business Supercorp.

“Natasha’s leadership and business experience will be invaluable during a period of growth and development for AMP SMSF,” he said.

Fenech has been with Suncorp for seven years in a variety of roles including executive general manager, Commercial insurance. Prior to that, she worked at Citigroup, A.T Kearney, Zurich Financial Services and Royal & SunAlliance.

 

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Budget funding for MIS oversight no ‘silver bullet’: ASIC

Budget funding for MIS oversight no ‘silver bullet’: ASIC

Funding in the budget for managed investment scheme (MIS) oversight won’t be a “silver bullet” to protect investors and the regulator needs more powers to deal with MIS registration, ASIC deputy chair Sarah Court told Professional Planner in one of her final interviews before she becomes chair.

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