MLC wins two corporate super mandates

image
image
expand image

MLC MasterKey Business Super has won the right to provide corporate superannuation services to two Western Australian mining companies.

The two new mandates with drilling contractor Swick Mining Services and iron ore producer Atlas are worth over $10 million in combined funds under management.

MLC MasterKey Business Super general manager Michael Muholland said the combined resources of MLC and NAB Wealth meant the fund could put together "competitive deals that are catered to each company's needs and wants".

He added that MLC MasterKey offered insurance benefits, financial education, a rewards program and a medical service for members under 65 who hold income protection insurance.

"MLC MasterKey Business Super is the superannuation plan for employers who view their corporate super plan as more than just a compliance exercise, but instead as a real benefit for their employees," Mulholland said.

Read more about:

AUTHOR

Recommended for you

sub-bgsidebar subscription

Never miss the latest developments in Super Review! Anytime, Anywhere!

Grant Banner

From my perspective, 40- 50% of people are likely going to be deeply unhappy about how long they actually live. ...

11 months ago
Kevin Gorman

Super director remuneration ...

11 months 1 week ago
Anthony Asher

No doubt true, but most of it is still because over 45’s have been upgrading their houses with 30 year mortgages. Money ...

11 months 1 week ago

Jim Chalmers has defended changes to the Future Fund’s mandate, referring to himself as a “big supporter” of the sovereign wealth fund, amid fierce opposition from the Co...

1 day 6 hours ago

Demand from institutional investors was the main driver of growth in Australia’s responsible investment (RI) market in 2023, as the industry continued to gain momentum....

1 day 6 hours ago

In a new review of the country’s largest fund, a research house says it’s well placed to deliver attractive returns despite challenges....

1 day 7 hours ago