because you disaggregate to the point where it’s no longer working in the interest of your members

Custody

AustralianSuper increases efficiency by using a single provider

AustralianSuper has moved to clear futures through a single provider as it seeks to improve operational efficiency. Despite massive growth, super funds have not been able to exploit their scale to improve efficiency. This is because of the traditional custody model, which suits fund managers, along with other parties “within the overall food chain”, according […]