Related party transactions
We have appointed Bond Street Custodians Limited (BSCL) to hold your superannuation and pension money in custody. BSCL also liaises with the product issuers of your investment options.
The insurance cover offered through is provided to the trustee by Macquarie Life.
Your adviser can effect ASX transactions through Macquarie Equities Limited (MEL).
Bond Street Custodians Limited, Macquarie Life, Macquarie Equities Limited and Macquarie Investment Management Limited are wholly owned subsidiaries of Macquarie Bank Limited.
Working with Macquarie Bank Limited
When we invest we may deal with Macquarie Bank Limited or its associated companies. These companies may receive commission and may also be dealing as principal or dealing on behalf of other accounts which are under the group management of the Macquarie Group. Under the law, where we invest money of the Fund we must deal with the other party to the investment transaction at arm’s-length terms.
Fees paid to other parties
We have appointed BSCL to hold the Fund’s assets. We may pay BSCL a fee. This fee is not an additional fee to you, it is paid out of our administration fee.
OzForex
We have appointed OzForex Pty Ltd ABN 65 092 375 703 (OzForex) to provide foreign exchange and related services. OzForex is a subsidiary of MBL, a member of the Macquarie Group and a related body corporate of the trustee.
Part A of the Avenue Retirement Service PDS