Australian Ethical has teamed up with technology company, DASH Technology, to offer direct to consumer projections.
DASH, the new name for Wealth02 following mergers with Roar Software and NEO, would provide customised projections in the online superannuation statements and client portal of Australian Ethical super members.
Andrew Whelan, chief executive of DASH, said: “We are delighted to be working with Australian Ethical and take this partnership as a nod to both our modelling prowess as well as our solutions-based approach.
“We are excited to support Australian Ethical's members with our highly flexible and easy to implement solutions, enabling them to seamlessly modify their contributions based on their personal retirement goals.”
He added the merger and name change were part of an effort by the firm to position itself as a best-of-breed solutions provider for the broader wealth industry.
Australian Ethical super had 55,000 members, having launched in 1986 as Australia’s first ethical super fund. It was currently in merger talks with Christian Super to create a combined fund with 100,000 members.
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.
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