POWERED BY MOMENTUM MEDIA
LGIAsuper selects Bravura for admin
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.
AUTHOR
Hope William-Smith
Hope is a journalist with Super Review. She has previously worked across a range of business and lifestyle titles. Hope has a degree in International Relations and joined the Super Review team after completing a Masters in Law, Media and Journalism.
Recommended for you
Rest has announced its commitment to a private equity fund expected to benefit from the long-term decarbonisation and deglobalisation of the global economy.
The fund has announced a number of new developments to drive its next phase of strategic growth.
Two super funds have joined forces to take ownership stakes in a newly merged housing developer.
The infringement notices and court enforceable undertaking from APRA aim to address alleged compliance deficiencies.
TOP PERFORMING FUNDS
ACS FIXED INT - AUSTRALIA/GLOBAL BOND
Fund name
3y(%)pa
1
Ardea Diversified Bond F
144.00 3 y p.a(%)
2
Spire Oaktree Opportunities XI First Close USD
73.55 3 y p.a(%)
3
Hills International
63.39 3 y p.a(%)
4
Acadian Global Equity Long Short A
30.20 3 y p.a(%)
5
Acadian Global Equity Long Short
29.81 3 y p.a(%)
Add new comment