Mercer Lifetime Plus

Retirement

Telstra Super to explore collective defined contribution scheme

Telstra Super is to explore the potential to create a collective defined contribution scheme as a way of avoiding sequencing risk for its members. Chris Davies, chief executive of Telstra Super, says the $17.5 billion fund has the scale to tailor its own pooled investment vehicle that would smooth investment outcomes. He believes the fund […]
Custody

Catholic Super prefers Mercer’s admin for retirement

Catholic Super has started the process of switching its administration to Mercer, partly to gain flexibility in providing complex retirement products. The fund has around a quarter of its members in the retirement phase and offers 10 tailored retirement investment options, but it now wants to add hybrid options which give members a measure of […]
Investment Strategy

Unisuper to design own retirement products

UniSuper is in the planning stage of building several retirement products for its members rather than rely on off-the-shelf solutions from providers. The $45 billion fund wants to use its scale to create products such as a pooled longevity product with a mortality bonus for those that live longest, similar to Mercer’s group self- annuity, […]