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16 July 2025 by Maja Garaca Djurdjevic

Investors flock to bank credit ETF as hybrid phase-out accelerates

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Rest stays committed to equities despite global volatility concerns

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Client losses, psychic advice and a $192m trade: BBY chairman lands in court

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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.