Deferred tax assets are stifling competition in the pooled superannuation trust (PST) sector, with at least one corporate fund having its intention to switch implemented consultants frustrated by the prospect of leaving the valuable intangible assets behind.
The $3 billion, Melbourne-based Catholic Super Fund (CSF) will have a new asset consultant from November, only the second in its long history, and has also switched group insurer.
The $3 billion, Melbourne-based Catholic Super Fund (CSF) will have a new asset consultant from November, only the second in its long history, and has also switched group insurer.