Custodians call for 'back to basics' approach

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AUSTRALIA - The superannuation industry, led by custodians, will pursue a 'back to basics' agenda over the course of 2009, the Australian Custodial Services Association (ACSA) has said.

ACSA chair Bryan Gray said the AUS$1.3trn (US$839bn) custody sector would prioritise the safe keeping of clients assets as its number one concern. He said: "Custodians' primary function has alw...

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