In this environment, Quin said managers and, increasingly, super funds, may be more willing to consider the introduction of a centralised ‘portfolio book of records’ than a complete systems replacement, and Simcorp was able to provide this.
12 February 2009 04:37
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Administration & fees
The $170 billion fund has cut administration fees from 0.16 per cent to 0.08 per cent, following a platform migration completed in 2022 and a pension book that has roughly doubled in five years. Head of retirement income Darren Williams says that for now the fee is as low as it can go.
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