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AustralianSuper picks up City of Perth
Industry fund AustralianSuper has secured management of the $55 million City of Perth superannuation fund.
The mandate followed a tender process and will see AustralianSuper manage the 731-member fund.
Commenting on the process, City of Perth director of corporate services Robert Mianich said the decision had been influenced by the fact that the AustralianSuper proposition allowed the fund to keep its own benefit design and retain its existing administrator.
"On top of this, members will get more services such as limited advice about super as well as access to educational services for no additional cost," he said.
AUTHOR
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