Major law firm Minter Ellison has outsourced its $30 million Partners’ Superannuation Fund to the Aon Master Trust.
The outsourcing deal, announced on Monday, sees Aon Australia pick up superannuation administration, outsourcing, consulting and insurance for the 220 member fund.
Commenting on the arrangement, Aon Australia’s head of superannuation, Steven Gaffney said it represented a further endorsement of the firm’s superannuation offering.
He said Aon had worked hard to improve its superannuation services and this had been rewarded by the interest of firms such as Minter Ellison
The chief executive of Minter Ellison, Guy Templeton said that the decision to outsource the superannuation fund had been driven by the current debate around the future of superannuation funds.
“We wanted to trade the time and costs related to a stand alone superannuation arrangement for that of a master trust,” he said.
