UniSuper goes with TAL
Big universities-based industry fund, UniSuper has changed group superannuation providers, with TAL winning the mandate.
The superannuation fund announced the change last week after a tender process following its regular three-year review of insurance arrangements.
Confirming the change, UniSuper executive manager, member and employer solutions, Chris Davies said TAL had been the standout tender "due to their willingness to design an optimal solution for UniSuper and, ultimately, our members".
Davies said UniSuper's current arrangements with incumbent insurer Hannover Re Life Australasia would cease at the end of November, with TAL commencing as the provider from 30 November, 2013.
Recommended for you
ASIC has permanently banned a former Perth adviser after he made “materially misleading” statements to induce investors.
The Financial Services and Credit Panel has made a written order to a relevant provider after it gave advice regarding non-concessional contributions.
With wealth management M&A appetite only growing stronger, Business Health has outlined the major considerations for buyers and sellers to prevent unintended misalignment between the parties.
Industry body SIAA has said the falling number of financial advisers in Australia is a key issue impacting the attractiveness and investor participation of both public and private markets.
