Australian Ethical has teamed up with technology company, DASH Technology, to offer direct to consumer projections.
DASH, the new name for Wealth02 following mergers with Roar Software and NEO, would provide customised projections in the online superannuation statements and client portal of Australian Ethical super members.
Andrew Whelan, chief executive of DASH, said: “We are delighted to be working with Australian Ethical and take this partnership as a nod to both our modelling prowess as well as our solutions-based approach.
“We are excited to support Australian Ethical's members with our highly flexible and easy to implement solutions, enabling them to seamlessly modify their contributions based on their personal retirement goals.”
He added the merger and name change were part of an effort by the firm to position itself as a best-of-breed solutions provider for the broader wealth industry.
Australian Ethical super had 55,000 members, having launched in 1986 as Australia’s first ethical super fund. It was currently in merger talks with Christian Super to create a combined fund with 100,000 members.
The super fund announced that Gregory has been appointed to its executive leadership team, taking on the fresh role of chief advice officer.
The deputy governor has warned that, as super funds’ overseas assets grow and liquidity risks rise, they will need to expand their FX hedge books to manage currency exposure effectively.
Super funds have built on early financial year momentum, as growth funds deliver strong results driven by equities and resilient bonds.
The super fund has announced that Mark Rider will step down from his position of chief investment officer (CIO) after deciding to “semi-retire” from full-time work.