The Woodside Superannuation Fund, which has around $305 million in assets and 2,200 members, is running a tender to outsource its administration and trusteeship.
Fund secretary Ian Thewlis says tender documents were sent to 16 providers, including master trusts and industry funds, in the first week of June. Responses were due by June 30 and according to Thewlis, a short-list is expected to be announced by mid-July.
The fund will notify the chosen party by August after visiting the short-listed candidates.
