Pengana appoints Veda Kucko as Marketing Lead to support next phase of growth for TermPlus term accounts

Pengana Capital Group has appointed Veda Kucko (pictured) to spearhead marketing for its rapidly growing TermPlus online term accounts, which deliver high-yield income from global private credit investments.

Ms Kucko joins Pengana from Challenger Limited, with previous roles including Digital Marketing Specialist at Kaplan Professional.

Reporting to Pengana’s Executive Director and TermPlus Managing Executive, Dean Weinbren, Kucko will lead go-to-market programs as TermPlus scales nationally. “Veda is a proven leader from Challenger, and her experience will be essential as we continue to build TermPlus as a category leader,” Weinbren said.

The TermPlus high-yield fixed-term account platform is a unique product offering attractive and reliable monthly income via unparalleled access to global private credit investing.

Growth in the product has accelerated following a soft-launch in mid-2024. “Investor demand for dependable monthly income remains strong, and the market is hungry for superior solutions that don’t simply repackage traditional fixed income,” Weinbren said.

“TermPlus takes a distinct approach, giving Australians access to a diversified global private credit engine from a starting balance of just $2,000, with returns expressed as a transparent fixed margin above the RBA cash rate.”

TermPlus investors choose 1, 2, or 5-year terms, earn monthly distributions, and can elect to reinvest or receive cash paid directly to their bank accounts. Unlike many conventional fixed-income products tied to bond price movements, TermPlus taps institutional-grade global private credit and targets a fixed margin above the RBA cash rate.

Ms Kucko said TermPlus has revolutionised ease of access to global private credit diversification and returns. “Pengana has tapped into what investors really want: simple, reliable monthly income delivered via a sophisticated platform,” Ms Kucko said.

“I’m thrilled to join the team and help more Australians understand why TermPlus is becoming a compelling, better alternative to traditional fixed income options.”

Since launch, TermPlus has seen strong and growing interest from financial advisers, SMSFs, and income-seeking investors who want attractive monthly income from a professionally managed solution – TermPlus funds under management have more than doubled since April 2025, and the number of new accounts has also doubled since that time.

TermPlus is designed and powered by Pengana Capital Group, while investment consultant and global leader, Mercer, bring institutional research, manager selection, and oversight to retail investors.