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10 September 2025 by Adrian Suljanovic

Are big banks entering a new cost-control cycle?

Australia’s biggest banks have axed thousands of jobs despite reporting record profits over the year, fuelling concerns over cost-cutting, offshoring ...
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How $2.68tn is spread across products and investments

Australia’s $2.68 trillion superannuation system is being shaped not only by the dominance of MySuper and Choice ...

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Private credit growth triggers caution at Yarra Capital

As private credit emerges as a fast-growing asset class, Yarra Capital Management remains cautious about the risks that ...

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CBA flags end of global rate-cutting cycle

The major bank has indicated that central banks are nearing the end of their rate-cutting cycles, while Trump’s pressure ...

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ETF market nears $300bn as international equities lead inflows

The Australian ETF industry is on the cusp of hitting $300 billion in assets under management, with VanEck forecasting ...

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Lonsec joins Count in raising doubts over Metrics funds

Lonsec has cut ratings on three Metrics Credit Partners funds, intensifying scrutiny on the private credit manager’s ...

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Media Super appoints Mercer

  •  
By Christine St Anne
  •  
2 minute read

The industry superannuation fund has switched administrators, terminating an agreement with Pillar Administration.

Media Super has appointed Mercer to provide the $2.5 billion fund with administration services.

Under the new deal, the industry superannuation fund has terminated an existing agreement with Pillar Administration.

The administration contract is for five years and includes phone-based financial advice for members and improved online services, particularly in e-commerce, Media Super chair Gerard Noonan said.

"The board of Media Super felt Mercer would greatly enhance our growth strategy and help us achieve the best possible outcomes for members," Noonan said.

 
 

Media Super has more than 120,000 members.