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Defined benefit fund in SFTBY ELIZABETH MCARTHUR | FRIDAY, 23 APR 2021 10:46AM
A defined benefit fund with $77 million in funds under management is completing a successor fund transfer to a Mercer subplan.Read more: FMIC, Equity Trustees, Mercer Super Trust, AIA Australia, Corporate Superannuation Division, Factory Mutual Insurance Company Superannuation, Mercer Outsourcing, Mercer Superannuation, OneVue, SFT
The industry fund will close its basic cash option on August 13, as it sees returns dry up.
The head of Asia Pacific for the Canada Pension Plan Investment Board has been promoted, with a replacement yet to be confirmed.
A former BT Financial Group executive will take the reins of Centrepoint Alliance from today.
Robo adviser Six Park has lowered its minimum investment to just $2000, down from the $10,000 minimum it had at the start of 2020.
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