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MLC MasterKey Business Super picks up three clients
MLC MasterKey Business Super has added a further $34 million to its funds under management (FUM) after picking up three new corporate clients.
The super provider has won the mandates to manage corporate superannuation plans for McMillan Shakespeare, Kentz Engineering and Swisse Vitamins mandates.
A few months ago, MLC MasterKey Business Super general manager Michael Mulholland said the combination of MLC and NAB Wealth's resources meant the fund was able to tailor competitive deals for clients.
Two Western Australian mining company clients, Swick Mining Services and Atlas - with a combined FUM of over $10 million - signed on in March 2012.
Mulholland said the recent open-market tender wins are evidence of MLC's impressive proposition.
"We tailor our offering depending on each individual company's needs, which is resonating with a lot of firms looking for a new deal for their corporate super," he said.
Mulholland said MLC offers competitive pricing, a strong insurance offering, member services and a revamped clearing house which made it easier for employers to pay staff contributions.
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