1 November 2010 14:00
LGS Super is in-sourcing most member-focused services, including financial planning, although Lambert said under new arrangements it was possible that financial advice would no longer be free.
“The members that use [the free service] love it but there’s a big disparity between the costs and the proportion of members that take advantage,” Lambert said.
Ryan Riedler, head of ASX core strategy, Australian equities at Cbus, says the fund will look to generate alpha locally through engagement and that internalisation will help it strengthen its connection with other market participants, as well as its brokers and service providers.
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