Two more superannuation funds being administered by Mercer have adopted the digital advice solutions option provided by Decimal Software.
Mercer and Decimal announced to the Australian Securities Exchange (ASX) that GuildSuper and Child Care Super had opted for the advice solution.
The announcement said that as part of the Mercer Next-Generation platform, both funds would have access to Mercer’s digital solution.
Confirming the arrangement, Mercer chief customer officer, Campbell Holt said the Decimal solution was being offered as standard to superannuation administration clients on Mercer’s next-generation digital platform.
Mercer has used Decimal technology for phone advice since 2013 and more recently implemented Decimal’s Eqilize digital advice solution.
Australia’s second-largest super fund has added thermal coal companies to its list of investment exclusions.
The fund has expanded its corporate superannuation solutions to partner with Australian businesses of all sizes.
The chief executive of Aware Super anticipates a significant shift in how ESG factors will influence portfolio values in the next six years, surpassing the changes witnessed in the past two decades.
In a recent statement, shadow assistant minister for home ownership and Liberal senator for NSW, Andrew Bragg, accused ‘big super’ of fabricating data attributed to the Reserve Bank of Australia to push their agenda.
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