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.
