AUSTRALIA/UK - QIC has appointed Brad Bowton and Lyn Gearing to its board bringing the membership to ten.
Gearing was CEO of the country's largest superannuation scheme until December 2002 and is a director of Stockland Corporation Ltd.
Trevor Rowe, chairman, QIC, said the appointments would add further depth to the experience and skill set of the QIC Board.
"Brad and Lyn are two of the most respected figures in the Australian investment community and it is a great achievement for QIC to be able to attract this quality of Board member," Rowe said.
In the UK, the Pensions Trust has appointed Catherine Howarth and Kevin McNerney as member nominated board directors.
John Alleston has been re-elected as chair and Clive Unit as been re-elected as deputy chair.
Alleston commented: "These Directors have displayed their commitment to the cause of delivering high quality pension provision to the charitable and not-for-profit sectors by standing for election."
Life expectancy in the UK saw no improvement between 2015 and 2017 as the number of people aged over 90 hit a record high, latest Office for National Statistics (ONS) data reveals.
Self-administered pension funds spent £14bn on payments to pensioners in Q2 2018, but only received £11.4bn of contributions (net of refunds), latest Office for National Statistics (ONS) data reveals.
The Pensions and Lifetime Savings Association (PLSA) has named the 17 members of its inaugural policy board after a competitive application process with 60 candidates.