POWERED BY MOMENTUM MEDIA
SuperChoice to provide clearing services for AustSafe
AustSafe Super has announced it will partner with SuperChoice to provide its employers with a clearing house service.
AustSafe Super chief executive Craig Stevens said offering a clearing house service was becoming increasingly important when operating within a choice-of-fund environment.
“Vast amounts of administrative resources can be consumed in sending cheques and electronic funds transfers to multiple funds. However, we can address these inefficiencies and offer a more valuable service to our employer members by providing access to a clearing house,” Stevens said.
SuperChoice will provide a branded clearing house solution for AustSafe Super’s employers, which can be accessed through the fund’s website.
AustSafe Super employers will be able to make payments to any complying superannuation fund through a payroll upload system.
Grid contribution capabilities will also be made available, and it will have the ability to be scaled to suit the needs of either large or small employers.
AUTHOR
Ashleigh McIntyre
Recommended for you
The pace of economic growth in Australia is expected to “grind higher over coming quarters” off the back of lower inflation, falling interest rates, and a robust labour market, Deloitte has said.
The superannuation sector has welcomed confirmation that a controversial US tax provision will be removed.
A new analysis from environmental finance group Market Forces has reportedly discovered that AustralianSuper is on the b...
Treasurer Jim Chalmers has held talks with US Treasury Secretary Scott Bessent, intensifying efforts to resolve concerns over section 899 of the proposed “Big Beautiful Bill” in the United States.
TOP PERFORMING FUNDS
ACS FIXED INT - AUSTRALIA/GLOBAL BOND
Fund name
3y(%)pa
1
DomaCom DFS Mortgage
92.15 3 y p.a(%)
2
Global X 21Shares Bitcoin ETF
53.24 3 y p.a(%)
3
Global X GlobalX FANG+ ETF
43.15 3 y p.a(%)
4
DomaCom Shoreline North Coogee
36.26 3 y p.a(%)
5
GAM LSA Private Shares AU I
35.87 3 y p.a(%)
