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REST reviews administrators
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Big retail industry fund REST is understood to have called for tenders for the provision of administration services.
REST, which currently uses Australian Administration Services (AAS), is running the tender via a consultancy.
With more than 1.8 million members and around $16 billion in funds under management, REST represents a core client for AAS.
REST has retained AAS as its administration provider for more than 10 years — a relationship that continued even after ownership of the administrator passed from Telstra subsidiary KAZ to Link Market Services.
AUTHOR
Mike Taylor
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