NSW Fire Super appoints IFAA Group as administrator

12 March 2021
| By Jassmyn |
image
image
expand image

The IFAA Group has been appointed as the administrator of NSW Fire Super from 1 May, 2021, and has been reappointed as the fund administrator for infrastructure investment firm Gardior. 

The IFAA Group of companies comprised of Independent Fund Administrators and Advisers (IFAA), Superannuation Compliance Services (SCS), and Independent Professional Services (IPS).  

NSW Fire Super secretary, Chris Matthews, said IFFA was chosen due to its client focus, technology capabilities, and the demonstrated capacity and experience to provide the fund with all necessary support and services required by the trustee. 

IPS would continue to provide Gardior with administration, accounting, and unit registry services, and Gardior chair, Jon Addison said the reappointment was made on three bases. 

The reappointment of IPS was made on three bases; the long and responsive relationship that had been established between the two parties, the competitive fee model agreed, and the new technology that IPS will be implementing,” Addison said. 

The IFAA Group was recently acquired by Auckland-based administration and consulting firm, MMC, and the group’s managing director, Neil Harvey, said the change in ownership allowed IFAA to offer its technology and personal services to a wider range of super funds and managed investment schemes across the country. 

AUTHOR

 

Recommended for you

 

MARKET INSIGHTS

sub-bg sidebar subscription

Never miss the latest news and developments in wealth management industry

JOHN GILLIES

Might be a bit different to i the past where at most there was one man from the industry on the loaded enquiry boards a...

20 hours ago
Simon

Who get's the $10M? Where does the money go?? Might it end up in the CSLR to financially assist duped investors??? ...

5 days 14 hours ago
Squeaky'21

My view is that after 2026 there will be quite a bit less than 10,000 'advisers' (investment advisers) and less than 100...

1 week 5 days ago

AustralianSuper and Australian Retirement Trust have posted the financial results for the 2022–23 financial year for their combined 5.3 million members....

9 months 2 weeks ago

A $34 billion fund has come out on top with a 13.3 per cent return in the last 12 months, beating out mega funds like Australian Retirement Trust and Aware Super. ...

9 months 1 week ago

The verdict in the class action case against AMP Financial Planning has been delivered in the Federal Court by Justice Moshinsky....

9 months 2 weeks ago

TOP PERFORMING FUNDS

ACS FIXED INT - AUSTRALIA/GLOBAL BOND