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Superannuation
04 July 2025 by Maja Garaca Djurdjevic

From reflection to resilience: How AMP Super transformed its investment strategy

AMP’s strong 2024–25 returns were anything but a fluke – they were the product of a carefully recalibrated investment strategy that began several ...
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Regulator investigating role of super trustees in Shield and First Guardian failures

ASIC is “considering what options” it has to hold super trustees to account for including the failed schemes on their ...

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Magellan approaches $40bn, but performance fees decline

Magellan has closed out the financial year with funds under management of $39.6 billion. Over the last 12 months, ...

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RBA poised for another rate cut in July, but decision remains on a knife’s edge

Economists from the big four banks have all predicted the RBA to deliver another rate cut during its July meeting, ...

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Retail super funds deliver double-digit returns despite market turbulence

Retail superannuation funds Vanguard Super and Colonial First State have posted robust double-digit returns for ...

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Markets climb ‘wall of worry’ to fuel strong super returns, but can the rally last?

Australian super funds notched a third consecutive year of strong returns, with the median balanced option delivering an ...

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BT's Rodgers steps down

  •  
By Victoria Young
  •  
2 minute read

BT Financial Group has promoted Mark Smith to Westpac/BT insurance general manager, a move prompted by the retirement of 20-year company veteran Tony Rodgers.

BT Financial Group has promoted Mark Smith to Westpac/BT insurance general manager, a move prompted by the retirement of 20-year company veteran Tony Rodgers.

Smith, currently head of life insurance, will step up to replace Rodgers in December to oversee life and general insurance.

"Under Mark's leadership our life insurance business has undergone a marked rejuvenation to establish itself as a leading provider in the risk market," BT Financial Group chief executive Rob Coombe said.

Smith will aim to improve cross-selling opportunities across Westpac to underpin the continued growth of the business.
Appointed head of life insurance in October 2005, he was formerly head of wrap and BT Funds Management New Zealand chief executive.
He joined BT Financial Group in 1993.