Tranzact Financial Services (TFC)

Shares / Stock Code

TFC

Stock Exchange / Sharemarket

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Tranzact Financial Services (TFC) operates in the financial services industry, and offers administration, asset consulting and actuarial services to superannuation funds. TFS was renamed to its current name from Beacon Financial Services Limited on 28 July 2003. It was first listed on the ASX on 26 May 2000.

TFS has 2,500 hectares of Indian Sandalwood (Santalum album) trees established in the Kimberley region of Western Australia. Through the acquisition of renowned distiller Mt Romance, TFS can also offer organic Sandalwood oil (Santalum spicatum) to buyers in the global fragrance market.

With 10 years of experience in both the cultivation of Indian Sandalwood and the distillation of WA Sandalwood oil, TFS has consolidated its position in the global Sandalwood industry – from soil to oil…

Critical to the TFS success is its commitment to sustainability. At TFS they work towards best practice in climate, community & biodiversity to deliver long-term returns to investors, the company and the globe.

TFS continues to build on the infrastructure base through acquisitions to achieve its goal of being the preferred specialist superannuation funds administrator.

Customers consist of superannuation funds and trusts requiring administration and actuarial services. Major competitors would include other businesses offering similar superannuation fund administration services and products.