The company announced earlier this month that it had appointed Dr Jon Glass as its Chief Investment Officer (CIO), following the board’s decision to appoint a dedicated CIO after the merger between Print Super and Just Super last year.

The appointment of ING Life as Media Super’s insurer for death and total and permanent disability insurance cover follows a six-month tender process.

“The main aim of the merger was to provide our members with tangible enhancements to the fund provisions, either in the form of cost savings or improvements to benefits,” said Media Super chairman Gerard Noonan. “Insurance was an obvious area we considered that the merger would benefit our members.”

“Existing insurers for both Just Super and Print Super were asked to tender, along with other major players in the insurance sector. The Board sought independent advice from Rice Warner in their role as consultant to the tender process.”

The appointment of BNP Paribas as custodian of the fund was also the result of a six-month tender process, with KPMG providing independent analysis. Media Super chief executive Ross Martin cited “competitive pricing and quality of services offered” as the motivations behind selecting BNP Paribas.

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