Plum wins another mandate
Fresh off the back of gaining a corporate superannuation mandate from the BP Superannuation Fund, MLC-backed Plum Financial Services is understood to have picked up another significant mandate.
Plum is understood to have won the BNP Paribas corporate super mandate, which was previously run by Watson Wyatt, with administration services outsourced to IBM.
Plum announced last week it had picked up the $470 million, 2,500-member BP Super Fund, which follows mandates involving the Royal Automobile Club of Victoria, Merck Sharp & Dohme and NAB Staff Superannuation Fund.
AUTHOR
Mike Taylor
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