Sunsuper has unveiled a range of improvements to its digital realm for employers.
The fund has upgraded its Employer Online system, including partnering with SuperChoice for its Sunsuper Clearing House, which allows employers to manage superannuation obligations in one online platform.
Sunsuper’s customer service general manager Steven Travis said online contribution processes for superannuation were usually complex and looked at legal compliance and administrative accuracy for employers.
“With the industry transitioning to mandatory e-commerce for employers through SuperStream from July 2014, Sunsuper has invested in research and development initiatives to better understand the ongoing needs of employers,” Travis said.
Employers can streamline their super payments on Employer Online, and can do a range of things including sending contributions to multiple super funds, paying contributions by direct debit of BPAY and checking online transaction history.
They can also update employee records and enter contribution details manually or upload contribution files.
Australia’s second largest super fund has added thermal coal companies to its list of investment exclusions.
The fund has expanded its corporate superannuation solutions to partner with Australian businesses of all sizes.
The chief executive of Aware Super anticipates a significant shift in how ESG factors will influence portfolio values in the next six years, surpassing the changes witnessed in the past two decades.
In a recent statement, shadow assistant minister for home ownership and Liberal senator for NSW, Andrew Bragg, accused ‘big super’ of fabricating data attributed to the Reserve Bank of Australia to push their agenda.
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