Legalsuper switches asset consultants
Superannuation fund legalsuper has changed asset consultants, relinquishing JANA in favour of Towers Watson.
The move was confirmed this week by legalsuper chief executive Andrew Proebstl, who said the decision to change had followed a tender process.
"Towers Watson's wide global research capability, its clear focus on the asset consulting business and the demonstrable expertise of the consultants who will advise legalsuper were important factors in our decision-making process," Mr Proebstl said.
Legalsuper investment committee chairman David St. John said the fund was looking forward to working with Towers Watson to review its investment arrangements, particularly with an eye on best-positioning Legalsuper for the upcoming MySuper regime.
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