Praemium appoints new super admin partner

29 November 2016
| By Hope William-Smith |
image
image
expand image

Praemium has appointed OneVue as its superannuation administration, adding $425 million in assets to OneVue's super service.

Praemium managing director, Michael Ohanessian, said the partnership would be mutually beneficial and had encouraged great service to clients at scale.

"Praemium's fast-growing retail superannuation offer is being propelled by the rise of the SMA market," he said.

OneVue managing director, Connie Mckeage, said both groups had been aligned in their visions to create a better super experience for members.

The transition of assets is expected to be completed by the end 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 4 months ago
Kevin Gorman

Super director remuneration ...

1 year 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 ...

1 year 4 months ago

A member body representing some prominent wealth managers is concerned super funds’ dominance is sidelining small companies in capital markets....

10 hours ago

While the latest quarterly CPI print exceeded expectations, most economists still anticipate a rate cut, especially amid growing downside risks to global growth stemming ...

10 hours ago

Earlier this month, several Australian superannuation funds fell victim to credential stuffing attacks, which saw a small number of members lose more than $500,000....

10 hours ago

TOP PERFORMING FUNDS

ACS FIXED INT - AUSTRALIA/GLOBAL BOND