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Auscoal selects Wealth.net
Coal industry-based fund Auscoal Super has selected Bluedoor Technologies as the provider of its administration software following a tender process.
The fund confirmed it had selected Bluedoor’s Wealth.net platform to handle a shift of manual systems to an automated straight-through-process processing system.
The tender was handled by Watson Wyatt.
Commenting on the decision, Auscoal Super chief executive Bruce Watson said the fund was committed to remaining self-administered and expected to start implementation in August.
AUTHOR
Mike Taylor
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