Business Services Industry

Super Advantage swells to $1.5 bn.

Australasian Business Intelligence, July, 2003

Jul 08, 2003 (Investor Weekly - ABIX via COMTEX)

Austrim Nylex has switched the $A82 million in its staff superannuation scheme from Watson Wyatt to Super Advantage. The industrial manufacturer rolled over the funds after a tender held by PricewaterhouseCoopers. Super Advantage is the Australia & New Zealand Banking Group's corporate super master trust. A number of roll-overs have recently been made to the trust, bringing its funds under management to $A1.5 billion. Advantage Super has also received funds from Penguin Books and Harvey Norman. The trust offers a benefit package to its members.

Publication Date: 7 July 2003

AUSTRALIA AND NEW ZEALAND BANKING 

GROUP LIMITED - ASX ANZ:

AUSTRIM NYLEX LIMITED - ASX ARL:

WATSON...

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