Cbus intensifies retirement efforts

Cbus has created a new role to reflect a heightened focus on the retirement or decumulation phase of superannuation.

Cbus Super's current head of product Jon Sedawie will become head of retirement as an increasing number of members reach the post-work part of their lives.

In the new role, Sedawie will be accountable for the industry fund's integrated strategy and programs to improve members' retirement outcomes, including product development, member experience, education, and advice.

He will also be responsible for retirement modelling, simulators, and tools.

Before his ten years with Cbus, Sedawie served as a product manager at ESSSuper, State Trustees, Aviva, and National Australia Bank.

Meantime, Cbus has hired Equipsuper executive Craig Plain as the head of product governance.

Here, he will be responsible for the end-to-end process and controls used to design, launch and monitor the product to ensure it meets commercial, customer, and regulatory requirements.

This role will also be responsible for the product governance framework, including rigorous policies, processes, and systems to ensure that strategy is aligned with product life cycles, whilst meeting regulatory requirements.

Plain has spent 15 years at Equip Super joining from Mercer.

"Cbus is very excited about the creation of these two new roles which represent an important milestone in the execution of two key elements of our strategy - readying ourselves for our inorganic growth opportunities and further enhancements to our already leading retirement offerings to members," said Cbus chief executive Justin Arter.

"Both Jon and Craig have significant experience in developing and delivering products that are fit for purpose at all stages of members' experience with Cbus.

"Our commitment to these two roles managing this critical area of member experience will ensure Cbus continues to deliver the right products at the right time for all members."