Platform provider, Federation Alliance, has launched superannuation platform, Federation Super, which joins its investment platform, Federation Managed Accounts.
Federation Alliance chief executive, Alan Kenny, said Federation Super provided superannuation administration that would allow investors and advisers to create an investment strategy to match their retirement goals.
"Federation Super's estate planning features include reversionary and non-lapsing binding death benefit nominations, and it provides access to a selection of insurers for retail individual life insurance policies," Kenny said.
Federation Alliance partnered with Australian Unity to launch Federation Managed Accounts, and platform investors can become shareholders in Federation Alliance.
Federation Alliance has more than $250 million in funds under advice as at 30 April.
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.
Add new comment