LGIAsuper selects Bravura for admin

5 July 2016
| By Hope William-Smith |
image
image image
expand image

Queensland-based local government fund, LGIAsuper, has picked Bravura's Sonata solution as its new superannuation administration platform.

This would be used for both its defined contribution and defined benefit plans.

LGIAsuper chief executive, David Todd, said the new platform would allow the fund to simplify and consolidate administration of product types using a single system, while enabling operational efficiencies through straight-through workflow features.

"Sonata will help facilitate the engaging web and mobile experiences our members have come to expect in this digital age," Todd said.

This agreement came after its earlier investment in Babel, which is Bravura's messaging product to provide compliance with SuperStream.

The LGIAsuper Sonata implementation phase would commence in the second half of 2016.

Read more about:

AUTHOR

Recommended for you

sub-bgsidebar 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. ...

1 year 7 months ago
Kevin Gorman

Super director remuneration ...

1 year 8 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 ...

1 year 8 months ago

The corporate watchdog is preparing to publish a progress report on private credit this September, following a comprehensive review of the rapidly expanding market....

3 days 8 hours ago

The major superannuation fund is facing legal action from ASIC after allegedly failing to inform the regulator about investigations into serious member service issues....

3 days 10 hours ago

The regulator has commenced a targeted review to address regulatory hurdles that may be discouraging superannuation funds from investing in property assets....

4 days 8 hours ago

TOP PERFORMING FUNDS

ACS FIXED INT - AUSTRALIA/GLOBAL BOND
Fund name
3y(%)pa
1
DomaCom DFS Mortgage
74.26 3 y p.a(%)
3