Tech Mahindra wins LGIAsuper’s admin contract

Indian-based technology firm, Tech Mahindra, has secured the mandate for LGIAsuper’s administration services, representing a major step in the company’s foray into the Australian market.

The super fund’s decision followed a competitive tender process, with the deal with Tech Mahindra expected to provide significant savings for members by halving the annual costs of providing administration from 2021.

LGIAsuper chief executive, Kate Farrar, noted that Tech Mahindra also had a large local presence, with more than 180 staff employed in Queensland and established partnerships with companies in the region.

The new partnership would take effect from 1 November, this year.

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