GBST, Superestate launch digital super product

5 April 2018
| By Nicholas Grove |
image
image
expand image

Fintech company GBST has teamed up with Superestate, a start-up that provides superannuants with access to the Australian property market outside the self-managed super fund (SMSF) structure, to launch a new digital super fund.

The mobile accessible fund will provide Superestate with a secure, member-oriented platform allowing greater communication and engagement with its members through a variety of digital channels, GBST said.

Using the end-to-end solution, Superestate members will be able to sign up and join, find, and consolidate all or part of their superannuation holdings in an efficient timeframe, it said.

GBST head of Asia Pacific, Denis Orrock said that by talking securely to the Australian Taxation Office (ATO) and the GBST Superstream Gateway, Superestate can help its members find their super, consolidate it into one fund, and receive ongoing contributions electronically.

Also, the new solution provides GBST’s superannuation clients, including Superestate, with access to GBST’s Business Intelligence Reporting tools so they can generate communications to their members in formats such as SMS, email and PDF.

“By managing and hosting a complete solution on GBST infrastructure, we will be taking full responsibility for the digital administration of the public site as well as maintaining ongoing legislative change, leaving our clients to focus on product design, pricing and distribution,” Orrock said.

Read more about:

AUTHOR

Add new comment

The content of this field is kept private and will not be shown publicly.

Recommended for you

sidebar subscription

Never miss the latest developments in Super Review! Anytime, Anywhere!

Grant Banner

From my perspective, 40- 50% of people are likely going to be deeply unhappy about how long they actually live. ...

3 months 4 weeks ago
Kevin Gorman

Super director remuneration ...

4 months ago
Anthony Asher

No doubt true, but most of it is still because over 45’s have been upgrading their houses with 30 year mortgages. Money ...

4 months ago

While institutional investors, including super funds, unanimously acknowledge the energy transition as a significant challenge, their perspectives on the extent of their ...

18 hours 24 minutes ago

Despite a period of increased volatility, several considerations suggest that the bull market will remain intact and the trend in shares will remain up, an economist has ...

18 hours 46 minutes ago

HESTA has slammed Woodside’s climate transition action plan, pointing to “significant” gaps....

19 hours ago

TOP PERFORMING FUNDS

ACS FIXED INT - AUSTRALIA/GLOBAL BOND