Metlife has continued its focus on the group superannuation arena, picking up the mandate to provide cover to GuildSuper.
The insurer announced today that the mandate represented an extension of its long-term relationship with Child Care Super.
It said GuildSuper and Child Care Super formed the Guild Retirement Fund and that Metlife had been insuring Child Care Super members since 1998.
Guild Super managing director, Mario Pirone said he believed the extension of the partnership with Metlife would benefit GuildSuper members.
Metlife chief executive officer in Australia, Marc Lieberman said the mandate reflected the company's commitment to bringing long-term value.
A number of measures, including super on Paid Parental Leave, funding to recover unpaid super, and frameworks to encourage investment in the energy transition, have been welcomed by the superannuation industry.
A professional says all roads will lead back to superannuation in the next election.
Iress has said that incident involving the unauthorised access reported this week extends beyond what was initially reported.
Treasurer Jim Chalmers delivered the Albanese government’s third federal budget on Tuesday evening (14 May), touting a balanced approach in an environment of cross-currents.
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