02 Dec 1111 Another large fund administrator
MEMBER 218 writes:
"Mum and Dad super fund have $780,000 in a WRAP facility
They pay $6,600 for them to look after the administration, investment recording, reporting etc etc
The administrator pays $74.53 into the Fund's account on 15 April with the narration "Unit Price Amendment"
I have been waiting 10 days for the administrator to tell me what it is, which stock or unit trust investment it relates to etc etc so I know how to treat it.
No one can tell me."