compulsory

Administration

ACSA to turn unit registry utility talk into action

The creation of an industry utility for unit registry in Australia has been the subject of informal discussion among competitors in the fund administration business, which Bryan Gray hopes can soon be formalised through the Australian Custodial Services Association (ACSA) that he chairs. All of Australia’s major custodians run a unit registry service, but Gray […]
Administration

ACSA to turn unit registry utility talk into action

The creation of an industry utility for unit registry in Australia has been the subject of informal discussion among competitors in the fund administration business, which Bryan Gray hopes can soon be formalised through the Australian Custodial Services Association (ACSA) that he chairs. All of Australia’s major custodians run a unit registry service, but Gray […]
Unintentional

Price blitz

How funds can meet Sherry’s demand for fee reductions Super funds are being asked to reduce fees at a time when market forces are pushing the costs of running a fund in the other direction. Some funds have been forced to raise administration costs to levels that better reflect the time and effort they’re spending […]
Unintentional

Price blitz

How funds can meet Sherry’s demand for fee reductions Super funds are being asked to reduce fees at a time when market forces are pushing the costs of running a fund in the other direction. Some funds have been forced to raise administration costs to levels that better reflect the time and effort they’re spending […]
Industry View

Good riddance oh-eight, but still a lot on funds’ plate

There’s no doubt that 2008 was a tough year for super funds – the toughest since compulsory super was introduced. But few in the super industry think 2009 will be any less challenging. Since the start of this year, most of the key economic indicators coming out of the US, Europe and Asia have been […]
Opinion

Some good news amidst the gloom

The worst global economic crisis since the Great Depression; super fund returns to slump to record lows, a rapidly deflating Australian dollar and dipping into the budget surplus – all bad news …….so it was a welcome relief to hear some good news amidst all the financial doom and gloom with the release of the […]
Opinion

Some good news amidst the gloom

The worst global economic crisis since the Great Depression; super fund returns to slump to record lows, a rapidly deflating Australian dollar and dipping into the budget surplus – all bad news …….so it was a welcome relief to hear some good news amidst all the financial doom and gloom with the release of the […]
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