WA Super appoints SuperChoice as SuperStream provider

19 April 2018
| By Nicholas Grove |
image
image
expand image

WA Super has switched SuperStream providers from ClickSuper to SuperChoice, which will take over clearing house and gateway services effective this month.

This was the third large super fund to make the move to SuperChoice in the past two months, the company said.

“Following a rigorous tender price, we chose the organisation that best integrated with our core member platform,” Paul Owen, WA Super general manager client services, said.

“We’re looking forward to a long-term partnership with SuperChoice that helps us to deliver on our purpose of helping members achieve their retirement dream.”

SuperChoice invested $25 million in its platform capability over the last five years, embedding new requirements from the Australian Taxation Office (ATO), which paid off with the new clients that have come on board.

SuperChoice CEO Stuart Korchinski believed the investment meant the platform could now quickly be leveraged by clients as they sourced new functionality and data that had historically not been available to them or their customers.

“Our clients rely on us to do the groundwork for them, developing solutions that keep them compliant, suit their business and are ready to go when they need to,” he said.

“The SuperChoice Single Touch Payroll (STP) solution is a great example – it’s ready to go live, well ahead of the ATO start date (1 July, 2018) and has stood up to robust testing as part of the ATO’s STP working group.”

Read more about:

AUTHOR

Add new comment

The content of this field is kept private and will not be shown publicly.

Recommended for you

sidebar subscription

Never miss the latest developments in Super Review! Anytime, Anywhere!

Grant Banner

From my perspective, 40- 50% of people are likely going to be deeply unhappy about how long they actually live. ...

4 months ago
Kevin Gorman

Super director remuneration ...

4 months 1 week ago
Anthony Asher

No doubt true, but most of it is still because over 45’s have been upgrading their houses with 30 year mortgages. Money ...

4 months 1 week ago

The property group, owned by industry super fund Aware Super, has announced two new projects with a total construction value of $320 million that will add more than 700 h...

7 hours ago

A member of the super fund has approached ASIC to investigate potentially misleading or deceptive representations by UniSuper regarding the holdings of its sustainable po...

8 hours 19 minutes ago

The median growth fund delivered 1.9 per cent in March, adding to the “stunning” rally that has seen super funds gain 11 per cent since November....

13 hours 55 minutes ago

TOP PERFORMING FUNDS

ACS FIXED INT - AUSTRALIA/GLOBAL BOND