Milliman appoints retirement expert

Global actuarial, retirement and risk management consultancy, Milliman, has appointed Amara Haqqani to the newly-created role of director of strategy and solutions in Australia.

Haqqani has spent close to two decades in financial services, including four years at Challenger, where she served as senior manager, retirement income policy, and advised chair of retirement income, Jeremy Cooper.

Most recently, she consulted to the Financial Services Council on superannuation, retirement income and funds management policy initiatives, in particular, those related to the Productivity Commission's superannuation inquiry and the financial services Royal Commission.

In a statement from Milliman, Haqqani said: "Australians are retiring with larger superannuation balances than ever before but many people, particularly middle-income earners, still feel uncertainty about what to do with that money."

She added: "In a world where many are now beginning to focus on this issue, Milliman has the deep thinking, big data, analytics and technology to actually help people build the retirement they want and to help the industry deliver the products and services that retirees need. I look forward to working with the Milliman team at this important time for the industry."

Haqqani's appointment follows the departure of director of investment services, Michael Armitage, who has commenced in a new role as head of investment consulting at Mercer.