CareSaver appoints new head of client engagement

Ethical KiwiSaver scheme CareSaver has appointed a new Head of Client Engagement who previously was with another high profile scheme.

Thursday, June 18th 2020, 11:42AM

Amanda Morrall

Amanda Morrall, who formerly was head of communications and education at Simplicity, has joined CareSaver in a new role.

In her role Morrall will build awareness of the potential for savings invested with CareSaver to drive positive change as well as generate good returns.

She is a well-known and respected media commentator, public speaker, and financial columnist. Amongst her previous gigs was a role with Tarawera Publishing, along with being personal finance editor at Interest.

Morrall will also work on investment products for Alvarium Wealth, the largest shareholder in Pathfinder, CareSaver’s manager.

Pathfinder Asset Management chief executive John Berry says CareSaver has staked out a leading position in New Zealand as a manager that invests KiwiSaver funds in line with its determination to drive a better and more
sustainable future for all.

“Amanda, whose values align with ours, will help drive our growth by taking this message to a broader audience and by helping build literacy of ethical finance, including the role environmental, social and governance (ESG) factors play in driving superior long-term investment returns.

Morrall says: “After almost four years at Simplicity, I am looking forward to the new challenge with CareSaver and Pathfinder with an exclusive focus on ethical investments and impact investing. Investor demand for, and interest in, ESG funds is growing daily and Pathfinder/CareSaver is well-positioned to carve into this space in an even bigger way.

Berry says Morall’s appointment comes at a pivotal time in the growth of CareSaver KiwiSaver.

“In the last year we have more than doubled our size and now reach more than 1,000 members. We made our first two investments in private companies – the innovative fintech company Sharesies and the medicinal marijuana company Rua Bioscience.

“Perhaps most importantly we have successfully navigated the market turbulence caused by Covid-19. In the 10 months since launch to 31 May this year CareSaver’s Growth Fund has outperformed each of the growth funds of the four largest providers (ASB, ANZ, AMP and Westpac) by at least 6.0%.

Tags: Alvarium Wealth Caresaver John Berry Pathfinder Asset Management