AustSafe retains NAB Asset Servicing
AustSafe Super will retain long-serving custodian NAB Asset Servicing after reappointing the custodian for the next three years.
NAB Asset Servicing has been providing custody and investment administration services to AustSafe since 2006.
After reviewing its agreement, AustSafe chose to maintain its current custodian relationship with NAB Asset Servicing which hinged in part on NAB's suite of services, according to AustSafe chief executive Craig Stevens.
"NAB Asset Servicing offers a consistent and high quality level of service and support.
"We see NAB Asset Servicing as a business partner and we look forward to working with them for a further three years," he said.
NAB Asset Servicing has managed to hold on to a number of clients as contracts expired over the past year, including AMIST Super, Telstra Super and Medibank.
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