Vanguard set on bigger slice of Aussie pensions


Vanguard plans to offer a retirement investment product in the country by mid-year at the earliest, said Australian head Daniel Shrimski. — Reuters

NEW YORK: Vanguard Group Inc is accelerating its push into Australia’s A$3.3 trillion (US$2.3 trillion or RM9.87 trillion) pensions market just months after launching its debut fund in the fiercely competitive sector.

The US behemoth plans to offer a retirement investment product in the country by mid-year at the earliest, Australian head Daniel Shrimski said in an interview.

Unlock 30% Savings on Ad-Free Access Now!

Monthly Plan

RM13.90/month
RM9.73 only

Billed as RM9.73 for the 1st month then RM13.90 thereafters.

Annual Plan

RM12.33/month
RM8.63/month

Billed as RM103.60 for the 1st year then RM148 thereafters.

1 month

Free Trial

For new subscribers only


Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Others Also Read


Want to listen to full audio?

Unlock unlimited access to enjoy personalise features on the TheStar.com.my

Already a member? Log In