AUSTRALIA - Elizabeth Bryan has been appointed to chair the AUS$20bn UniSuper fund.
Replacing the retiring Brian Smith, Bryan will take up her post as chairman of the board of trustees for UniSuper.
Commenting on her appointment, she said: “I am honoured to have been elected to the chair and look forward to leading UniSuper in its important role as the dedicated provider of superannuation services to Australia’s higher education and research sector.”
Bryan has been an independent director of UniSuper and chair of the fund's investment committee since 2002.
She is currently a non-executive director of Caltex Australia, Ridley Corporation and Australasian Medical Insurance. She is also president of the NSW Division of the Australian Institute of Company Directors and a director of the institute’s National Board.
The People's Pension, Atlas Master Trust and The Cheviot Trust have been granted authorisation from The Pensions Regulator (TPR), taking the total number of authorised master trusts to 18.
Pension schemes have been warned they may now face a more challenging legal test if they wish to fix drafting errors.
The Greene King Pension Scheme has appointed XPS Pensions as its actuarial and investment adviser following a competitive tender process.
Professional Pensions has compiled a list charting the progress of master trust authorisation. View our list in full here...