The $1 billion Guild Retirement Fund, which provides superannuation to the pharmacy sector, has reappointed NAB Asset Servicing as its custodian.
NAB Asset Servicing has been reappointed by Guild Trustee Services to provide custodial and investment administration services for a further five years.
The Guild Retirement Fund has 70,000 members and $1 billion in assets under management. The fund provides superannuation to a range of industries including pharmacy, child care, veterinary, and physiotherapy professionals.
NAB Asset Servicing said the reappointment would help Guild Trustee Services provide "cost-effective and quality services and benefits to members".
NAB Asset Servicing executive general manager Matthew Brown said the reappointment was a "testament to the collaborative approach and professionalism of the staff of both organisations".
"Our organisations have developed a strong and trusted partnership and we are delighted to be providing another five years of custodial services to Guild. We look forward to continuing to support the fund’s changing needs well into the future," Mr Brown said.
Guild Group chief executive Mario Pirone said: "NAB Asset Servicing has been a committed partner of Guild Group, supporting us through the Australian Childcare Super merger, and more recently our MySuper implementation. NAB Asset Servicing’s responsiveness, local expertise and deep understanding of our fund makes it the right custodian for our fund and members."
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