Another AMP Limited corporate superannuation client is testing the market.
The Australian Cricket Association (ACA) is understood to have commissioned actuarial research consultancy, Rice Warner to conduct a review of its needs and to test the market among corporate superannuation providers.
The Australian Cricket Superannuation Plan is one of the default funds available to Cricket Australia employees.
The Australian Cricketers Association has listed AMP Limited as the administrator of the Australian Cricket Superannuation Plan which looks after the superannuation interests of Australia’s contracted crickets and staff of the state cricket associations.
It lists Australian Unity Personal Financial Services as being financial advisers to the plan.
As market volatility persists, some super funds are pivoting defensively, while others are strategically positioning to capitalise on emerging opportunities.
New data has shown a progressive deterioration in risk appetite among instos even prior to Donald Trump’s latest round of tariffs.
UniSuper has reached “peak investment” in US assets and is now preparing to reassess its exposures amid ongoing sharemarket volatility.
Investors have slashed their US equity allocations to the lowest level on record, according to new data from Bank of America.