Asset Super

Governance

Care Super and Asset Super post-merger

When CareSuper and Asset Super sat down to work out their post-merger investments, they quickly found that the two funds together had around 40 managers – and only one of them was in common. They had a common custodian, in National Australia Bank asset servicing and the same administrator, in AAS, but rationalising and then […]
Governance

Insurance key in Asset-CareSuper merger

More available and flexible income-protection insurance is a key reason why the Asset Super and CareSuper merger is good for Asset members, says the fund’s chief executive, John Paul. Both funds today formally announced their deal would proceed, with the new $6.5-billion fund formally merging on October 26. Both boards gave in-principle support for the […]