Equity Trustees has implemented wide ranging changes to its superannuation trustee services business, which is currently trustee for a number of superannuation funds, to position the business for growth.
This includes significant development of the already solid working partnership with the KPMG Executive Superannuation Fund to enable both businesses to maximise operational efficiency and service to members of all funds.
“Our ambition is to be the superannuation trustee of choice and with the enhancements to our capabilities combined with the financial strength of Equity Trustees, we are well placed to assert our position in the market place,” said Geoffory Rimmer, Executive General Manager, Trustee & Wealth Services.
“Since 1888 Equity Trustees has been entrusted with the preservation, growth and inter-generational management of wealth. Superannuation trustee services are a critical part of that equation.”
The change will mean the existing Superannuation Trustee Office (STO), which provides services to superannuation promoters and administrators to help them meet their regulatory obligations and serve superannuation members, will become a part of a newly created division called Superannuation & Portfolio Services (SPS).
“The new SPS will deliver increased capacity – and expertise in the provision of specialist superannuation trustee and support capabilities to superannuation funds,” explained Mr Rimmer.
Mark Blair, who currently heads up the KPMG superannuation advisory business will transition to a new role – he has been appointed to lead the new division and will join Equity Trustees in the New Year.
“Mr Blair’s background will ensure effective alignment and a deepening of our good working relationship with KPMG as well as bringing a fresh new perspective to Equity Trustees superannuation trustee services offering.
“This transformation has taken many months, and we are confident that it positions us for growth as well as ensuring we continue to develop excellence in our unique core area of strength, trustee services, and ultimately deliver unparalleled service to our superannuation clients and their members,” he concluded.
For more information contact:
Geoffory Rimmer, Executive General Manager, Trustee & Wealth Services
02 9458 5501 / 0427 651 730