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Investment Strategy

Scale helps Sunsuper cut fees, keep big pension accounts

A combination of scale and forecast cost savings of running member administration and financial planning inhouse enabled the $12 billion Sunsuper to make a recent fee cut across pension accounts. The move echoes BUSS(Q)’s move two years ago to abolish all fees for allocated pensioners, although that has failed to attract as many of the […]
Staff WriterMarch 30, 2009
Investment Strategy

Scale helps Sunsuper cut fees, keep big pension accounts

A combination of scale and forecast cost savings of running member administration and financial planning inhouse enabled the $12 billion Sunsuper to make a recent fee cut across pension accounts. The move echoes BUSS(Q)’s move two years ago to abolish all fees for allocated pensioners, although that has failed to attract as many of the […]
Staff WriterMarch 30, 2009
Investment Strategy

Citistreet clients pledge support for SunSuper

The chief executives of Equipsuper and Non-Government Schools Super have thrown their support behind SunSuper’s acquisition of all three funds’ administrator, CSA Retirement Services (formerly Citistreet), although some industry observers wonder for how long. Equipsuper CEO Robin Burns said his 50,000-member fund’s contract with CSA did not run out “for a long time” and would […]
Staff WriterNovember 6, 2008
Investment Strategy

Citistreet clients pledge support for SunSuper

The chief executives of Equipsuper and Non-Government Schools Super have thrown their support behind SunSuper’s acquisition of all three funds’ administrator, CSA Retirement Services (formerly Citistreet), although some industry observers wonder for how long. Equipsuper CEO Robin Burns said his 50,000-member fund’s contract with CSA did not run out “for a long time” and would […]
Staff WriterNovember 6, 2008
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