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First State covers ACT PS
Large NSW public sector fund First State Supermay have only gone public offer in May, but it managed to pick up its first tender in late June — the ACT Government.
First State will become the default fund for new employees who start work with the ACT Government after July 1, next year, ending the longstanding nexus between the ACT Public Service and the Commonwealth Public Service.
The appointment is for five years, and was welcomed by First State chairman , who said the fund had met the selection criteria laid down by the ACT Government.
He said since going public offer, First State had made a conscious decision to be highly selective in the business it tendered for.
“We chose to seek only quality members and employers with compatible systems in place, and with whom we have a good cultural fit,” Parry said.
AUTHOR
Mike Taylor
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