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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 largest super funds have deepened private markets exposure, scaled internal investment capability, and balanced liquidity as competition and consolidation intensify.
The ATO has revealed nearly $19 billion in lost and unclaimed super, urging over 7 million Australians to reclaim their savings.
The industry super fund has launched a new digital experience designed to make retirement preparation simpler and more personalised for its members.
A hold in the cash rate during the upcoming November monetary policy meeting appears to now be a certainty off the back of skyrocketing inflation during the September quarter.