DST Global Solutions

Policy and Regulation

LUCRF to offer free SuperStream services to employers

Greg Sword the outgoing chief executive of LUCRF has revealed how his fund is arguably the best prepared in the industry to take advantage of SuperStream changes. The fund’s Blue Door powered administration system has its own Gateway and clearing house and will offer the service free to all employers that use it when SuperStream […]
Investment Strategy

Funds compete in quality of online data for members

Higher data disclosure should be seen as an opportunity for funds to compete, rather than a burden, according to software firm DST Global Solutions. The firm has been assisting super funds with Strong Super data compliance over the past year, but is now increasingly helping create online access for daily updates on member’s account balances. […]
Investment Strategy

2014 – the hardest year yet for compliance

Those helping super funds to manage their investment data report an industry groaning under the weight of more compliance than it has ever faced before. Providers say the cost of increased workloads and systems build will be passed back to members, while opportunity costs are being incurred from the holding up of innovation. DST Global […]
Custody

The great data challenge

The challenge: combine investment data with member-specific details and present the particular information in a way that satisfies the needs of regulators, internal auditors and accountants. Currently, super funds have to collect around 900 data items on a regular basis to satisfy the needs of the Australian Prudential Regulation Authority (APRA). With effect from July, […]
Hedge Funds

Super funds concerned about tax reporting

Superannuation funds are concerned about product compliance around new demands on pre and post-tax reporting of performance, says the chief executive of DST Global Solutions, which provides software for asset managers. “We anticipate a lot of changes around tax reporting,” says Tom Abraham. “There will be a whole industry around tax minimisation that will come out.” […]
Investment Strategy

Super funds concerned about tax reporting

Superannuation funds are concerned about product compliance around new demands on pre and post-tax reporting of performance, says the chief executive of  DST Global Solutions, which provides software for asset managers. “We anticipate a lot of changes around tax reporting,” says Tom Abraham. “There will be a whole industry around tax minimisation that will come […]