Financial Standard presents a roundup of the week's biggest industry news and executive moves. In this week's news:
Perpetual MySuper transfer gets go ahead
After months of delay with COVID-19 to blame, Perpetual's MySuper accounts will be transferred to CareSuper at the end of October. The transfer will see the industry fund gain an addition 7500 members with accounts worth $207 million.
Tributes flow for Susan Ryan
The superannuation industry is remembering Susan Ryan, after she passed away suddenly on September 27. The industry pioneer and former Labor senator is being celebrated as one of the great minds behind the modern superannuation system, and was known for driving equal opportunity legislation in Australia.
AMP flags redundancies
The wealth giant confirmed redundancies are on the horizon at the group, as it moves to make transformational changes to its business and culture. It comes after the controversial demotion of AMP Capital's Boe Pahari and the departure of former AMP Australia chief executive Alex Wade.
There's also major appointments and our quote of the week.
This week's FS Minute news round-up is proudly brought to you by Vanguard.