Equip positions itself to move on corporate super space

Equip has added to its growth and corporate development team with the appointment of Charlie Yanni as senior corporate growth manager, saying that it expects movement in the corporate super sector following the revelations uncovered by the Royal Commission.

“There is no doubt that some in corporate Australia are thinking about whether their employees’ super is in the right hands, with what we have heard over the past fortnight,” Equip executive officer, growth and corporate development, John Farrington, said.

He said the fund’s investment performance, “unconflicted” governance model, and fee reductions stemming from its recent merger with the Rio Tinto Staff Superannuation Fund gave the fund “a powerful story to take to corporate Australia”.

Yanni would bring experience in business development roles with industry funds, LUCRF and REST, and ME Bank to Equip. Farrington said this would give Equip extra capacity to extend its reach and compete more effectively in the corporate super market.