POWERED BY MOMENTUM MEDIA
Acurity to power Maritime Super administration
Maritime Super is planning to boost its internal administration capabilities after appointing Financial Synergy to implement and provide guidance on its Acurity administration platform.
Maritime Super's operations manager Brad Morcombe said the companies were co-operating on the data migration with a view to empowering the fund's internal team to take over responsibility for the technical configuration.
"That way, we can become self-sufficient, minimise cost of ownership and readily implement change," Morcombe said.
Implementation is expected to be completed at the end of the month.
Morcombe said the technology would enhance member benefits as well as reduce costs, while the second phase of the project would implement Acurity's web-based front end for members and employers.
Maritime Super chief executive Peter Robertson said the administration platform was designed to evolve with the complexities of running a super fund.
"Financial Synergy understands what our business needs are and delivers a configurable administration platform that handles our complexities with minimal customisation, which greatly reduces expense and risk," he said.
Financial Synergy chief executive Stephen Mackley said the company's goal was to equip clients with the tools and training to enhance self-sufficiency.
AUTHOR
Staff Writer
Money Management staff writers are writers who contribute to the website from time to time. If you would like to discuss the content contained within this article please contact us.
Recommended for you
Michael Lovett, who left the investment firm just three months after launching its Vanguard Super offering, has taken up a chief executive role at an Australian asset manager.
The Central Bank of Ireland has granted the approval of Equity Trustees’ exit from its Irish operations, with the transaction expected to be complete on 30 April.
Super returns continued to climb in March, raising hopes of delivering double-digit returns by June depending on the performance of this next quarter.
The dedicated super fund for emergency services and Victorian government employees is under fire for unpaid entitlements to transport employees, which could exceed $40 million.
TOP PERFORMING FUNDS
ACS FIXED INT - AUSTRALIA/GLOBAL BOND
Fund name
3y(%)pa
1
Spire Oaktree Opportunities XI First Close USD
73.88 3 y p.a(%)
2
Hills International
63.66 3 y p.a(%)
3
Acadian Global Equity Long Short Class A
36.33 3 y p.a(%)
4
CFS FC Acadian Global Equity Long Short
35.96 3 y p.a(%)
5
DomaCom 4/27 Crombie Avenue Bundall QLD 4217 Australia
32.23 3 y p.a(%)
Add new comment