Plum Financial Services

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Plum Financial Services Limited
IndustryFinancial services
Founded1998
FounderMLC
Vanguard Australia
Headquarters,
ServicesSuperannuation
Number of employees
Over 160
ParentIOOF
Websitewww.plum.com.au

Plum Financial Services Limited was an Australian corporate superannuation administrator and provider of financial products and services, before Plum Super became a product of MLC in 2016. As of 2021, Plum Super is administered by MLC Wealth Management Services.

Plum administered over A$20 billion in funds under management on behalf of more than 80 medium and large Australian organisations and more than 230,000 members. Plum was purpose-built for the era of member investment choice.

Plum had offices in Melbourne and Sydney. Originally a joint venture between MLC and Vanguard Australia, it later became a wholly-owned part of the National Australia Bank.

In 2016, Plum Financial Services was absorbed into the broader wealth management division of National Australia Bank, ceasing to exist as a separate business. Plum's superannuation products continued to operate within NAB Wealth, and now continue within the IOOF since its 2021 acquisition of NAB's wealth business.

References[edit]

  • "AUSTRALIA'S MLC WANTS OWNERSHIP OF PLUM FINANCIAL SERVICES". AsiaPulse News. 8 April 2003. Retrieved 4 December 2009.
  • "Aus: MLC and Vanguard announce plans to enhance Plum Financial Services". Asia Africa Intelligence Wire (From The Asian Banker Journal). 19 June 2003. Retrieved 4 December 2009.
  • http://www.nabgroup.com/0,,33427,00.html
  • http://www.nabgroup.com/0,,33437,00.html
  • http://www.nab.com.au/wps/wcm/connect/nab/nab/home/business_solutions/4/4/3

External links[edit]