The Quadrant and Tasplan Super merger has increased its staff by 38, bringing a total of 88 full-time employees with more recruitment likely, Tasplan announced.
Tasplan has brought its administration and call centre operations from the mainland to Hobart, and since today's merger, the super fund has implemented a new contact centre and administration function.
Tasplan chief executive, Wayne Davy, said "the in house contact centre, enhanced administration systems and increased staffing levels means the organisation represents a true centre of excellence here in Tassie".
"Looking to the future, we are extremely enthusiastic about our proposed merger with the RBF Tasmanian Accumulation Scheme. It will be a huge step for super in the state — and enormously beneficial for members, staff, and the Tasmanian community," Wayne said.
Following the merger with Quadrant, Tasplan has $3.3 billion in combined funds, 100,000 members, 15,000 employers, nine investment options, and 88 employees.
ASIC has issued a warning to financial advisers and superannuation trustees to ensure they are complying with client consent requirements when entering into ongoing fee arrangements.
Australia’s superannuation system is exerting increasing influence over capital markets, with industry feedback to ASIC underscoring its role in reshaping investment flows, governance expectations, and market dynamics.
Australians are some of the most hopeful when it comes to retirement preparedness, with super funds’ handling of retirement savings helping play a part.
The market may be too complacent about the risks of more tariffs, UniSuper’s head of fixed interest warned this week, pointing to Donald Trump’s recent steel-related announcement and a seeming breakdown in negotiations with China.