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MLC picks up $200 million consulting mandate
MLC Implemented Consulting has won a mandate with Teachers Federation Health (TFH) to provide investment advice and implementation services on $200 million of assets.
TFH chief financial officer Joseph Phung said the decision to appoint MLC Implemented Consulting was based on the consultant's experience in the health industry and "their detailed knowledge of our industry's capital reserving requirements".
MLC Implemented Consulting general manager Paul Ireland said his company's "tailored approach and strong focus on client service" would help TFH reach its goals.
"The advice required for insurers is very specialised, and we have worked hard to ensure we have the research and expertise to support [TFH]," he said.
The agreement with TFH comes two months after MLC Implemented Consulting was appointed by nib health to advise on over $450 million of assets.
MLC Implemented Consulting also provides investment advice and implementation services to HCF.
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