Vision Super has partnered with super software provider, Financial Synergy, to implement a new core registry administration system.
The project aims to improve the efficiency and capability of the fund's administration and finance systems in workflow, reporting, correspondence, and member/employer online experience.
Vision Super chief executive, Stephen Rowe, said the move would reduce the fund's administration costs, increase administration efficiencies, and make doing business with the fund easier for members and employers.
"The websites for employers will be clearer, have more functionality, and better usability. They will be able to do what they need easier and faster," he said.
"It also helps us make a complete shift from the paper age to digital."
Financial Synergy chief executive, Stephen Mackley, said the fund will be able to take advantage of the platform's in-built flexibility.
"It also provides Vision Super improved efficiency and reduced legislative risk with most legislative changes provided for within the maintenance agreement," he said.
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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