Australian Retirement Trust (ART), has announced the appointment of Kathy Vincent as chief of retirement.
According to the fund, the newly created role will complete its executive restructure, with the new chief of retirement role first announced in March.
As such, ART said Ms Vincent will focus on executing its retirement strategy and guiding the provision of all elements of ART’s retirement offering, including product, investments, service model, and advice.
Ms Vincent joins the fund from BT as chief strategy and product officer, and brings more than 30 years of experience in the finance industry across a variety of product, strategy and advice executive roles.
Notably, she spent more than 18 years at Macquarie Group, and has also held senior roles at MLC and National Australia Bank.
ART chief executive Bernard Reilly emphasised the importance of creating the dedicated retirement function for the fund’s ongoing support to its members.
“At Australian Retirement Trust, we see the purpose of super as creating a retirement income stream along with other retirement benefits for the 16 million working Australians, that’s why retirement is in our name,” Mr Reilly said.
“We are facing into a pivotal time for the superannuation industry, with increasingly more Australians shifting from accumulation into the retirement phase over the coming years and we want to support our 2.2 million members across Australia to retire well with confidence.
“Kathy’s experience and knowledge of product, strategy and financial advice will be a valuable asset to Australian Retirement Trust and our members.”
Speaking on her appointment, Ms Vincent added: “Given the growing needs in this space, it’s a really exciting time to be focussed on supporting Australians up to and through their retirement, and I’m thrilled to join Australian Retirement Trust.
“Australian Retirement Trust has an ambitious vision and through its retirement income strategy, a solid foundation to support members in retirement. I’m looking forward to joining a profit-for-member fund and supporting members through all stages of their superannuation journey.
“It’s important that we deliver and continue to shape that strategy as the fund grows across all demographics, and I’m excited to work alongside Australian Retirement Trust’s experienced executive team in service of our 2.2 million members,” Ms Vincent concluded.
Earlier this month, ART also internally filled the roles of chief member officer, chief of staff, and executive general manager of advice, guidance and education as part of the leadership restructure.