UBS has appointed Paul Souter as head of strategy and distribution for Platform Solutions Group, its direct-to-member investment solution.
Souter was most recently product manager — investments at AustralianSuper, leading the development and implementation of its direct superannuation solution in November 2011.
In his new role, Souter will be responsible for developing the UBS offering by expanding its range of products and services and working closely with super fund clients, industry bodies and other key service providers.
He will be based in Melbourne and report directly to head of investment platform Ian Dunbar.
UBS launched its investment solution in partnership with FNZ at the end of the May last year as a means of stemming the growth of the self-managed super fund market.
The product gives members direct control over individual investments and real-time trading of ASX300 stocks, according to UBS.
The fund has announced three executive-level appointments, including a new chief investment officer.
The super fund has tapped a former Vanguard and Plato Investment Management executive to lead its fixed interest team.
The firm has grown its wealth management team with an experienced distribution specialist.
The $36 billion fund has announced the appointment of an experienced public sector executive leader.
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