POWERED BY MOMENTUM MEDIA
Bravura provides eBusiness platform to Russell
Russell Investments has implemented Bravura' ePass online superannuation solution to help deliver straight through processing to Prime Super.
Global asset manager Russell Investments was appointed by Prime Super in 2011 to deliver administration services to its 135,000 members and 40,000 employees.
With the ability to process member contributions straight through to Prime Super's underlying administration system, Russell director of administration and consulting services Siva Sivakumaran said the online technology would lead to significant back-office efficiency gains for the provider.
According to Bravura, the ePass solution can be implemented in a single product or single administration system setting, or can be used in more complex set-ups with multiple products and systems.
Recommended for you
The two funds have announced the signing of a non-binding MOU to explore a potential merger.
The board must shift its focus from managing inflation to stimulating the economy with the trimmed mean inflation figure edging closer to the 2.5 per cent target, economists have said.
ASIC chair Joe Longo says superannuation trustees must do more to protect members from misconduct and high-risk schemes.
Super fund mergers are rising, but poor planning during successor fund transfers has left members and employers exposed to serious risks.
TOP PERFORMING FUNDS
ACS FIXED INT - AUSTRALIA/GLOBAL BOND
Fund name
3y(%)pa
1
DomaCom DFS Mortgage
88.01 3 y p.a(%)
2
Global X 21Shares Bitcoin ETF
72.60 3 y p.a(%)
3
Global X GlobalX FANG+ ETF
44.24 3 y p.a(%)
4
Pengana High Conviction Equities B
40.36 3 y p.a(%)
5
Pengana High Conviction Equities A
40.34 3 y p.a(%)
