- Geoff Peck appointed as MD of Russell’s corporate superannuation business
- Russell to build out market-leading individual investor experience
Russell has further strengthened its corporate superannuation business with the announcement of new initiatives aimed at driving further growth and bolstering the individual investor experience. The first of the new initiatives is the appointment of industry expert Geoff Peck to Managing Director, Corporate Superannuation.
Mr Peck joined Russell in early 2009 and is one of Australia’s most experienced superannuation practitioners, having previously held senior roles at BT Financial Group. He brings more than 25 years’ experience in the investment and superannuation sector and has sound knowledge across a broad range of fields including investments, risk management, product management, life insurance, member services and financial advice.
Chris Corneil, Russell’s CEO Australasia, said he was confident Mr Peck’s appointment would be well received by clients as well as the team at Russell.
“Geoff has already brought great value to the team and has been instrumental in growing this important area of the business. His passion and vast experience are well recognised within the superannuation industry,” Mr Corneil said.
Mr Peck today announced what he described as a transformational plan for Russell’s corporate superannuation business. The plan includes ambitions for Russell to build out a market-leading individual investor experience, as well as the delivery of limited advice and other MySuper initiatives.
“I am focused on delivering the best possible outcomes for clients. I look forward to further developing and refining the service we offer and to enhancing our capabilities in this area,” Mr Peck said.
Russell confirmed it is actively recruiting for additional hires to deepen resources and further expand its corporate superannuation business.
Russell provides services to some of the largest corporate superannuation funds in the country, with total assets under management in Australia of more than AUD53 billion and 220,000 members under administration. Russell’s experienced corporate superannuation business provides a comprehensive array of services to nine out of the ten largest corporate superannuation plans in Australia. Services range from consulting advice to complete outsourcing solutions including member administration, implemented investment services and the Russell Super Solution Master Trust.
In addition to his impressive industry background, Mr Peck has written a book to give every day Australians a better understanding of how to manage their superannuation in the wake of the global financial crisis. Titled Salvage your Super, the book aims to help people get their super back on track and to develop realistic goals and strategies for meeting their retirement needs.
