Energy Super appoints SuperChoice for online clearing

19 April 2011
| By Ashleigh McIntyre |
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Newly merged fund Energy Super has appointed SuperChoice to manage its branded clearing house website.

The transactional website will be a “one-stop shop” where employers can manage both default and choice-of-fund superannuation contribution remittance.

Energy Super chief executive Robyn Petrou said the fund’s larger employers would particularly benefit from the streamlined approach to paying their employees’ contributions.

“It also eradicates the need for employers to develop their own individual software and systems to manage super contribution payments,” she said.

Energy Super is the result of the merger between energy industry funds ESI Super and SPEC Super. Launched earlier this month, it has $3.8 billion in funds and over 45,000 members.

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