South Australian public sector super provider, Super SA has announced it has appointed DST Bluedoor Pty Limited to provide a new administrative platform for its 209,000 members.
The fund said DST Bluedoor had been appointed following a detail evaluation of the market.
It said the platform would an integrated superannuation administration solution with operational and cost efficiencies, enhanced capabilities and sustainability to better meet the growing needs of members.
Commenting on the move, Super SA General Manager, John Montague said the expanded functionality and operational efficiencies gained by moving to the Bluedoor solution, would allow the fund to provide an improved level of service to its members.
As market volatility persists, some super funds are pivoting defensively, while others are strategically positioning to capitalise on emerging opportunities.
New data has shown a progressive deterioration in risk appetite among instos even prior to Donald Trump’s latest round of tariffs.
UniSuper has reached “peak investment” in US assets and is now preparing to reassess its exposures amid ongoing sharemarket volatility.
Investors have slashed their US equity allocations to the lowest level on record, according to new data from Bank of America.