Equity Trustees appointed by AFL Players’ Association

Equity Trustees, which first established a partnership with AFL Players’ Association (AFLPA) back in 2011, has been now granted responsibility for managing and growing the $150 million AFLPA Player Retirement Account (PRA), following a tendering process for the investment manager of the RPA.

The appointment, which started on April 1, would be aimed at helping player members in their financial transition once they retired from playing football by providing a lump sum and periodic payments, the firm said.

“A playing career in the AFL is very limited, so it’s important that there are programs in place to reward players for their contribution and commitment to the game throughout their retirement,” AFLPA chief executive, Paul Marsh, said.

“The PRA is an important aspect of this, and we value the role that Equity Trustees has played in administering and managing the fund. We are pleased to be working with the broader Equity Trustees team and congratulate them on the appointment following a highly competitive process.”