KPMG appoints Associate Director for Super Advisory practice

KPMG has announced the appointment of Adam Balsamo as an associate director of its Superannuation Advisory practice.

Balsamo joins KPMG from Prudential Financial in the US, where he oversaw product strategy in the firm's life insurance division. Prior to that, he worked at Perpetual in Australia, where he was head of product for the high net wealth focused private clients business.

In his new role at KPMG, Balsamo will work with clients to address product innovation, particularly in the retirement income and insurance space as well as maintaining a focus on financial advice, benchmarking and member engagement strategies.

Also joining Balsamo, in the role of director, is Wendy Tse, who was most recently general manager of SuperRatings' consultancy practice. At KPMG, she will be responsible for the provision of a range of superannuation and wealth advisory engagements, including strategy development and implementation, service provider tenders, compliance and risk management services, corporate super reviews and benchmarking exercises.

Commenting on both appointments, Adam Gee, KPMG Superannuation Advisory Partner and former SuperRatings' CEO, said: "We are delighted to continue to build our superannuation practice with the appointment of people the calibre of Wendy and Adam. The deep relationships and expertise both will bring to our existing superannuation capabilities supports the focus we have in continuing to work with our clients to help them navigate the ever-changing superannuation environment."