The Quadrant and Tasplan Super merger has increased its staff by 38, bringing a total of 88 full-time employees with more recruitment likely, Tasplan announced.
Tasplan has brought its administration and call centre operations from the mainland to Hobart, and since today's merger, the super fund has implemented a new contact centre and administration function.
Tasplan chief executive, Wayne Davy, said "the in house contact centre, enhanced administration systems and increased staffing levels means the organisation represents a true centre of excellence here in Tassie".
"Looking to the future, we are extremely enthusiastic about our proposed merger with the RBF Tasmanian Accumulation Scheme. It will be a huge step for super in the state — and enormously beneficial for members, staff, and the Tasmanian community," Wayne said.
Following the merger with Quadrant, Tasplan has $3.3 billion in combined funds, 100,000 members, 15,000 employers, nine investment options, and 88 employees.
Michael Lovett, who left the investment firm just three months after launching its Vanguard Super offering, has taken up a chief executive role at an Australian asset manager.
The Central Bank of Ireland has granted the approval of Equity Trustees’ exit from its Irish operations, with the transaction expected to be complete on 30 April.
Super returns continued to climb in March, raising hopes of delivering double-digit returns by June depending on the performance of this next quarter.
The dedicated super fund for emergency services and Victorian government employees is under fire for unpaid entitlements to transport employees, which could exceed $40 million.
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