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Smartshares bulks up with ASB purchase
Thursday 11th of November 2021
NZX has bought the management rights for ASB’s Superannuation Master Trust, a $1.8 billion retirement savings scheme.
The trust is a workplace superannuation scheme that predated KiwiSaver and was used by state sector employers until 2008.
Although it closed to government employees shortly after KiwiSaver came into being, it still has more than 17,500 members from more tha...
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