Media group Thomson Reuters has appointed Queensland-based Sunsuper to manage its corporate superannuation fund.
The decision follows the merger of Thomson and Reuters in April 2008.
At the time, the Reuters Super Plan was managed by AMP Custom Super, while the Thomson Super Plan was managed by MLC MasterKey.
The firm appointed a consultant to review its superannuation arrangements and as a result Thomson Reuters decided to establish a corporate superannuation fund with Sunsuper.
Sunsuper had garnered more than $1.5 billion from the corporate superannuation sector in the past five years, Sunsuper chief executive Tony Lally said.
"All our corporate superannuation business is based out of Queensland," Lally said.
"Within Queensland we have experienced organic growth. Many organisations have appointed our fund as part of their default superannuation arrangements."
