QSuper consolidates advice; chief departs

Kim Hughes
KIM HUGHES
Australian Retirement Trust - Chief of Advice
DEPARTURE
Australian Retirement Trust
AUSTRALIAN RETIREMENT TRUST
Date: September 2020
Position: Chief of Advice

Following a reorganisation of its financial advice offering, QSuper has parted ways with chief of advice Kim Hughes.

"Kim has been a valued member of the Group's senior management and my executive team for more than five years in roles that have been instrumental in delivering industry-leading outcomes and services for our members," said QSuper CEO Michael Pennisi.

The reorganisation of QSuper's financial advice model will see advice teams from across the group brought together in one division. Pennisi says the change is in response to member needs, prioritising timely and affordable advice.

"Prior to leading the Group's financial advice business, Kim's leadership roles included running the life insurance business, the Group's Call Centre and Operations divisions, and driving the Fund's product and service strategy."

Before joining QSuper, Hughes was an associate director with the Queensland Treasury Corporation, did consulting work for Energy Super, and held various senior management roles with QIC.

"It has been an honour to work in an organisation where members are truly at the heart of every decision," said Hughes. "The commitment, passion, intelligence and humility of my team, executive colleagues, and the Board has been both professionally and personally inspirational."

"As the industry continues to evolve, I have no doubt that the QSuper Group is well-positioned to continue providing Australians with financial wellbeing and security in their retirement. As a long-term, loyal member I look forward to following QSuper's continued future success."

Hughes is taking a career break with family and said she looks forward to the challenge of her next role.