Don Luke, the chief executive of Queensland multi-employer fund Sunsuper, has not resigned from the fund, as was incorrectly reported in last week’s I&T News, in a report on generational change among super funds. We apologise for the error.
Insignia Financial has shifted to outsource administration of its $180 billion superannuation assets, inking a deal with SS&C and reassigning 1300 workers to the service provider during the process. The decision stands in stark contrast to peers such as Aware Super, which recently internalised member services, but CEO Scott Hartley said that option is a “costly exercise”.
Darcy SongDecember 10, 2024
