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Failing Asgard super option to closeBY JAMIE WILLIAMSON | WEDNESDAY, 29 SEP 2021 12:57PM
After failing the inaugural Your Future, Your Super performance test, Asgard Employee Super will shutter next month, with many members being transferred to BT's Retirement Wrap.
Read more: Asgard, BT Super, Asgard Employee Super, MySuper, Retirement Wrap, APRA, Rainmaker, Alex Dunnin, ATO, BT Financial Group, BT Funds Management, YourSuper
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Delivering Income from Infrastructure
In another first for Pinnacle Investment Management this week, the firm has set up a North American-based affiliate in a small-cap equities fund manager.
The $65 billion industry superannuation fund has welcomed a head of investment product and communications who has previously held roles with MLC Asset Management and BlackRock.
Mirae Asset Global Investments has appointed Citi Australia as its provider of custody and fund administration services for its Australian funds management business.
The Retirement Income Covenant's introduction to parliament yesterday has been welcomed by major industry bodies.
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