Industry fund contract under works at Link

Link is in advanced stages of negotiating a contract with an industry fund, the administrator said in its FY18 earnings report.

It remains in advanced stages of negotiating a long-term contract with Rest, the company said.

The Rest contract has been rolling on a monthly basis.Link also said it has a good organic pipeline of opportunities across the business combining with good momentum already from client wins in 2018, buoyed by Link Asset Services (LAS).

New client wins for the year have included the Wales Pension Partnership (LGPS pooling).

It expects LAS integration benefits to start flowing from FY19.

“Steps are being already being taken to refocus the LAS business to accommodate a shared service model and employ unfirm technologies globally to increase group efficiency,” Link said in the report.

To read more, please click on the link below…

Source: Industry fund contract under works at Link | Financial Standard