Link Group has been awarded a contract by Aware Super to provide defined benefit administration to former Victorian Independent School Superannuation Fund (VISSF) members.
The completion of Aware Super and VISSF’s merger was announced in December and followed the completion of the successor fund transfer.
Aware Super’s executive consultant corporate development, Michael Dundon, who is leading the fund’s merger team, said the move to appoint Link Group would support a seamless transition for VISSF defined benefit members.
“We’ve retained Link Group to ensure customer experience across our platform and communications is simple and engaging for all former VISSF defined benefit members and the transition to Aware Super is as smooth as possible,” he said.
“This new relationship with Link Group will complement the significant project that is currently underway to in-source our broader member administration. This project is expected to be delivered in stages over the coming 18 months.”
Australia’s second-largest super fund has confirmed it is expanding its presence in the UK following significant investment in the region.
A member of the super fund has approached ASIC to investigate potentially misleading or deceptive representations by UniSuper regarding the holdings of its sustainable portfolios.
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.
Vanguard has affirmed its support for the current super performance test, emphasising the importance of keeping the process straightforward.
Add new comment