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
Quote of the week
Plus more news
This week's FS Minute news round-up is proudly brought to you by Zurich.