Danielle Press

Insignia Financial has appointed Danielle Press as Chair and Non-Executive Director of the Insignia Financial Ltd (IFL) Trustees (Insignia Trustees)^[1]. Ms Press will join the Trustees as a Non-Executive Director from 19 September 2024 and will commence as Chair in November.

Ms Press joins the Insignia Trustees with more than 30 years’ experience across the financial services industry, most recently as a Commissioner at ASIC between 2018 and 2023. Prior to that she was CEO at The Myer Family Company, CEO at Equipsuper and Managing Director at UBS Global Asset Management.

Ms Press will replace Lindsay Smartt who, after five years with the organisation, has decided to step down.

Commenting on the appointment, Insignia Financial Chair Allan Griffiths said attracting a Chair of Ms Press’ calibre and experience would serve the organisation’s super fund members well.

“We’re excited to welcome Danielle,” said Mr Griffiths. “She brings a wealth of industry knowledge and an unwavering commitment to driving outcomes for members.

“Danielle’s appointment also highlights our ongoing focus on and commitment to uplifting our risk governance culture.

“I would also like to take this opportunity to thank Lindsay for his leadership and contribution during his time with us. Lindsay has played a significant role in how we, at Insignia Financial, look after our superannuation members and their best interests,” said Mr Griffiths.

Ms Press said: “I genuinely believe in the power of Australia’s superannuation system and what it can deliver for members in retirement.

“I’m honoured to be joining Insignia Financial at such a transformational time for the organisation, and committed to helping drive member outcomes.”

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[1] The Insignia Financial Ltd (IFL) Trustees (Insignia Trustees) comprise four entities, I.O.O.F. Investment Management Limited (IIML), NULIS Nominees (Australia) Limited (NULIS), OnePath Custodians Pty Ltd (OPC) and Oasis Fund Management Limited (OFM). Collectively, these entities are responsible for five Registrable Superannuation Entities (RSEs) including MLC Super, Retirement Portfolio Services, Oasis Superannuation Master Trust, AvWrap and IOOF Portfolio Service.

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Daniel Smith

The Actuaries Institute (the Institute) today formally announced the appointment of Daniel Smith as 2014 Institute President. He will be joined by former Actuary of the Year Estelle Pearson as Senior Vice President, and Lindsay Smartt as Vice President.

Mr Smith, Ms Pearson and Mr Smartt will work with incoming Institute CEO David Bell to promote the Institute’s key policy priorities for 2014, reinforce the actuarial brand and educate businesses and government around the long-term value actuaries can add across a broad range of challenges.

“Actuarial education and training provides a unique mix of skills which places actuaries in a strong position to become the risk managers of choice for business, governments and society as a whole,” Mr Smith said.

“As well as maintaining a strong representation in traditional areas such as insurance, Actuaries are increasingly shifting into non-traditional areas such as banking, data analytics, media strategy, natural resources and public health. These will be key areas we address in 2014 supported by refreshed education and development programs.”

The Institute’s policy agenda spans the insurance and superannuation sectors but also demographic change / retirement incomes policy, natural disaster management, health and disability, data analytics, banking and risk management

“The Institute’s key policy priorities for 2014 include ensuring the profession’s voice is heard on the critical issues being considered by the Financial Services Inquiry, offering practical solutions to better manage the social and economic impacts of natural disasters and health funding, as well as continuing to help navigate Australia’s longevity debate,” Mr Smith said.

Mr Smith is a Member of the Institute Council and is a Director of actuarial consulting and analytics firm Taylor Fry.  Mr Smith takes over from former President John Newman.

Ms Pearson, current Councillor of the Actuaries Institute and a Managing Director of actuarial and insurance consultants, Finity, has been appointed Senior Vice President this year. Ms Pearson will be Institute President in 2015.

The Institute also confirmed the appointment of Lindsay Smartt, current Member of the Council of the Actuaries Institute as Vice President.

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