LeavePlus Appoints Northern Trust as Asset Servicing Provider
Business Wire•26/10/2026•19:00 ET
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Key Highlights
- ➤LeavePlus manages approximately AUD$2.6 billion in assets for Victoria’s construction scheme
- ➤Northern Trust appointed global custody and related asset servicing provider
- ➤Services include fund administration, investment accounting and compliance monitoring
- ➤LeavePlus supports over 290,000 eligible workers and 30,000 employers
Expert Statements
Leon Stavrou, Head of Australia and New Zealand at Northern Trust
“Organisations are increasingly seeking providers that can deliver both operational strength and a highly engaged service experience”
Leon Stavrou, Head of Australia and New Zealand at Northern Trust
“We are proud to have earned LeavePlus' confidence through our client-focused approach, service excellence, and disciplined risk culture. We look forward to working closely with LeavePlus to support its long-term investment and governance requirements.”
Craig Bell, Chief Executive Officer at LeavePlus
“As LeavePlus continues to evolve, we require an asset servicing model capable of supporting the scale and complexity of our investment portfolio while enhancing access to data, reporting and investment insights in support of the long service leave entitlements of Victorian construction workers.”
Craig Bell, Chief Executive Officer at LeavePlus
“Northern Trust’s integrated capabilities, commitment to client service and strong operational risk framework were important factors in our decision and differentiated the firm throughout the selection process.”
LeavePlus Appoints Northern Trust as Asset Servicing Provider
Custody, fund administration and compliance services to support Victoria’s portable long service leave scheme for construction workers
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