(July-2003) Quadrant ends year on high-note
Tasmania-based industry fund, Quadrant Superannuation, has ended a record-breaking financial year by winning the RACT superannuation services tender.
Some 120 new members from the RACT with around $6.7 million rolled into Quadrant at the end of June, giving Quadrant almost $200 million in assets under management — a jump of about 28 per cent on the previous financial year.
“In the past 12 months, we have also welcomed Hobart City Council and the Hobart International Airport, which alone equate to over 500 new members and an additional $28.5 million in assets under management,” says Quadrant marketing manager Linda Manaena.
She cites Quadrant’s fund options and flexibility, as well as its ability to operate a defined benefit fund, as reasons for the RACT win.
AUTHOR
Zilla Efrat
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