Industry funds announce $26bn joint ventureBY KANIKA SOOD | WEDNESDAY, 1 MAY 2019 12:33PM
Two industry superannuation funds have announced a joint venture that will create a $26 billion entity, aimed at delivering scale benefits to their combined 150,000 members.Read more: Catholic Super, merger, Equipsuper, Andrew Fairley, Australian Catholic Super Retirement Fund, Australian Prudential Regulatory Authority, Danny Casey, Emirates Group, Energy Super, John Azaris, Wayne Walker
A new superannuation fund hoping to bridge the retirement savings gap will launch with the hope of disrupting the system that has disadvantaged women.
The general manager of superannuation and retirement solutions at a $57 billion industry fund has resigned, with the hunt commencing for a replacement.
Praemium saw funds under administration hit $16.1 billion over the last financial year, thanks largely to its off-platform managed accounts service.
OnePath has moved to enhance the abilities of financial advisers using its OneView Life client management portal.
|Brought to you by|
|Keep up to date, don't be the last to know! Get the Financial Standard Daily Newsletter.|