State Street wins super custody mandate
State Street has been chosen as custodian and administrator of a $30 billion super fund.
Source: superreview.com.au
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Super funds slash external mandates by 54%
The number of investment managers winning institutional mandates has tanked 54% in less than two years as superannuation funds ramp up the in-house management of assets, Rainmaker Information research reveals.
Source: financialstandard.com.au
Brighter Super seeks fund managers for $500m mandate
Brighter Super will invest a further $500 million to build Queensland and is looking for the right fund manager partners to make it happen.
Source: financialstandard.com.au
Brighter Super to close socially responsible options
Brighter Super is shuttering both of its responsible investment options, saying it is in the best interests of members. It comes as the fund streamlines its investment menu to offer just one set of options.
Source: financialstandard.com.au
Reforms will strengthen retirement advice: Experts
Reforms underway to expand financial advice will have positive ramifications for the SMSF and APRA-regulated sectors as it will ultimately uplift outcomes in the retirement phase for all Australians, industry experts say.
Source: financialstandard.com.au