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The custodian has been reappointed by the $10 billion industry fund on the basis of its “strong track record,” a NAB-issued statement said.

NAB Asset Servicing executive general manager Matthew Brown said: “We are excited to agree to new terms with CareSuper, and look forward to continuing to deliver solutions that facilitate the fund’s strategic development.”

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CareSuper chief executive, Julie Lander, said NAB Asset Servicing was reappointed following a review of the custody market.

“The appointment confirms the view of the board that NAB Asset Servicing is best placed to ensure CareSuper remains a leading player in providing superannuation services to our members,” Ms Lander said.

NAB Asset Servicing has partnered with CareSuper since 1998.

 

CareSuper sticks with NAB Asset Servicing
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