Financial Standard editor Mark Smith presents a roundup of the week's biggest industry news and executive appointments. In this week's news:

NAB to create largest retail super fund
National Australia Bank is streamlining its superannuation business, merging five of its super funds into one - and, in doing so, creating the largest fund in retail super land.

Managed accounts to disrupt fund houses
In an extensive 75-page broker research on managed accounts, Morgan Stanley singled out five of the country's leading wealth managers

Appointment news

Quote of the week

Plus more news

This week's FS Minute news round-up is proudly brought to you by Zurich.