Equity Trustees (EQT) has launched a new superannuation trustee office and has hired John Rodd to head up the new office.
The new division will be responsible for compliance and superannuation license requirements as well as driving business development in the trustee for partnership sector.
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In his new role, John Rodd will report to EQT head of private wealth services Geoffory Rimmer and will oversee a team of seven people based in Sydney and Melbourne.
Prior to joining EQT, Rodd has served as CFO at Equipsuper. He has more than 30 years’ experience in financial services.
At the same time, Equity Trustees has been selected as trustee and custodian of The Executive Superannuation Fund.
Robin Burns managing director EQT said: "The creation of the superannuation trustee office is clear recognition of the importance of superannuation to the future of our business and he added that it brings all of EQT’s responsible superannuation entity (RSE) responsibilities under the one umbrella.
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By GlobalData"Being appointed RSE to The Executive Fund is a significant step forward for the business, both in the size of the fund and as a vindication of our capabilities in this area," Burns added.
