financial accounts

Custody

AustralianSuper calls for data protocols

Custodians and superannuation funds should establish clear protocols for the transfer of market data, says Jason Cotter, commercial manager of investments at AustralianSuper. Doing so will not only lead to reduced costs across the industry, but also prevent external companies from poaching business. Speaking at last week’s Investment Administration Conference in Sydney, Cotter said either […]
Investment Strategy

Financially literate bosses?

The increasing complexity of accounting standards is making it more difficult for company directors to acquire the level of knowledge required to sign off on financial accounts, according to an inaugural survey of directors’ financial literacy. The Financial Reporting Council (FRC) this week released the results of its survey on the literacy of Australian company […]