Industry fund Vision Super appoints Deputy CEO

November 12 | 2 min read

5 October 2020

Vision Super media release

Industry super fund, Vision Super, today announced the promotion of Chief Investment Officer Michael Wyrsch to the newly-created position of Deputy Chief Executive Officer.

CEO Stephen Rowe said that the appointment had come about as a result of the Board’s goal of robust succession planning, and could not be more well deserved.

“Michael has done an outstanding job as Chief Investments Officer. Since he joined Vision Super he’s substantially reduced investment management costs, so our members are paying less in fees, at the same time as improving results.

“Our MySuper default Balanced growth option is top three over the last financial year, and top ten over all periods up to ten years. Most of our other options are top quartile.* Michael would tell you that those returns are mainly the result of good luck, but the credit is his – he’s largely responsible for the foresight, careful planning and strategic thinking behind every investment decision.

“As Deputy CEO, Michael is going bring that same foresight, careful approach to planning and broad strategic thinking to the fund as a whole, and I am looking forward to working with him closely in his new role.

Michael Wyrsch said Vision Super is an organisation that lives by its values, and he’s proud to work for the fund.

“Being appointed Deputy CEO of Vision Super is a real highlight. I’ll be trying my best, and hoping that I can make a significant contribution in my new role,” he said.

Michael will continue to manage the investments function in his current role as CIO in addition to stepping into the Deputy CEO position.

Media contact: Rebekka Power
Twitter: @VisionSuper

www.visionsuper.com.au

November 12 |  2 min read

Must Reads

Feature, Investments, must read  |  4 min read

Rising Interest Rates

For the first time since November 2010, the Reserve Bank of Australia (RBA) increased the cash rate at its May 2022 meeting.

General, Investments, must read  |  3 min

Investment Update – March 2022

After strong gains through much of 2021, global equity markets fell moderately during the March quarter but the Australian share market outperformed and rose moderately.

Feature, Fund news, Investments, must read  |  8 min read

US Inflation

It has been over a year since COVID-19 ended one of the longest equity bull markets in US history. Governments and central banks responded quickly and, as a result, global equity markets have not only recovered but some have hit record highs.

Feature, Fund news, Investments, must read  |  2 min read

Investment update March 2021

Auction clearance rates have recently reached elevated levels and this has coincided with very strong growth in house prices across Australian capital cities.

Build a better future for you and your family

Invest in your future self

Sustainable products, quality advice, education and of course, low fees.

You have options when it comes to saving in your super and drawing from it on retirement. Find out which of our retirement products is most suited to you.

The Latest

About us, Fund news  |  2 minutes

Vision Super and Active Super explore merger

Vision Super is announcing that it has signed a Memorandum of Understanding with Active Super, to explore a potential merger.

Employer, General  |  

The ‘Save more later’ plan

As an employer, did you know there’s a way you can promote financial well-being for your staff, and increase their retirement savings – without additional cost to you?

Employer, General  |  

How your employee’s enterprise agreement affects their insurance

EOFY is fast approaching, and if your employees are receiving, or have received, an enterprise agreement raise, it’s important they let us know of their change in salary.

Already a Vision Super member?

The great news is you can now open your pension account online through the secure site.

Not a Vision Super member?

You’ll just need to open a Vision Personal account first and then you can transfer across to a Vision Super pension.