17/5/2010
TASPLAN converts to unitisation
Tasplan, Tasmania’s largest industry super fund, completed its conversion to
being a fully unitised fund on 31 March 2010.
Tasplan CEO, Neil Cassidy said the transition from crediting rates to unitisation
was an important and complex project for the Fund over the six months it took to
achieve.
“The move was designed to keep Tasplan operating at best practice standards
whilst also providing improved reporting services for members. Members and
regulators want funds to be more accountable.
“The conversion adds to the transparency of investment valuations. Unit prices
will be issued weekly and the prices can be accessed via the Fund’s website.
“Getting the process right from the very beginning was paramount, and we were
very pleased with the professionalism and advice of Drew Vaughan from
Dymond, Foulds & Vaughan, who managed the conversion project with us,” Mr
Cassidy said.
AAS act as the Fund’s Administrator and National Asset Servicing is the Fund’s
Custodian.
For more information please contact
Mr Neil Cassidy
CEO, TASPLAN
Ph: 03 6270 4801
NEWS 
