Nick Sherry joins EY superannuation team
Tuesday 24 July 2012 — EY today announced former Senator Nick Sherry will be engaged as a senior advisor to its superannuation practice.
Sherry’s long and distinguished parliamentary career included roles as Chair of the Senate Committee on Superannuation and as Minister for Superannuation and Corporate Law, the first minister of any Australian Government to have exclusive responsibility for superannuation.
He was also Assistant Treasurer and, most recently, held the positions of Minister for Small Business and the Minister Assisting Deregulation and Public Sector Superannuation. He has been instrumental in the formulation and development of public policy on saving and superannuation and has been a recognised authority on the subject, both in Australia and abroad.
EY’s Oceania Asset Management Leader, Graeme McKenzie says, “Nick brings with him a wealth of knowledge and understanding of the Australian superannuation system.
“Prior to entering the Senate in 1990, he was a trustee of various funds and has since been a key policy leader, instrumental in the design and operation of the Australian pensions system. He is well regarded by both sides of politics, among the sector and its industry organisation, as well as the wider business community.
“Nick is well-versed in developments in the international pension sector, having closely studied the systems of the United Kingdom, United States and key European jurisdictions such as Switzerland. He has also been a key speaker and well-respected commentator on such issues in Europe, the United States and Asia.
“We are pleased he will be bringing his considerable experience to EY and our clients,” McKenzie said.
Sherry said he looked forward to working with EY as part of the development of their enhanced strategy focus on superannuation and pensions, both in Australia and internationally.
Sherry will work closely with EY’s national Superannuation Leader, Maree Pallisco, to assist clients in dealing with the key challenges and opportunities they face in the current market. This will be critical as clients consider the significant strategic challenges that are faced in light of the raft of regulatory reform. He will also be a key advisor to the practice globally, with a specific focus on the developing markets of Asia-Pacific.
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