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ANZ Staff Super partners with Link Group
ANZ’s Australian Staff Superannuation Scheme has entered a five-year partnership deal with Link Group’s Retirement and Superannuation Solutions (RSS) business to expand its technology platforms and customer services.
The corporate super fund’s 30,000 members will gain access to Link Group’s administration platform, digital solutions, contact centre, and financial advice services.
The deal is expected to reach completion in 2024, where ANZ employees will benefit from Link Group’s super and pension technology platforms alongside added information security technology to protect member assets and data.
With more than a third of ANZ Staff Super members aged 50 and over, the fund will have access to the provider’s Pathfinder retirement platform.
The cloud-enabled platform was designed to provide funds and their members with integrated tools, digital services, and product solutions to assist with retirement planning.
In May 2023, Link Group partnered with Allianz Retire+, adding the new Allianz Guaranteed Income for Life (AGILE) product now on Pathfinder.
Dee McGrath, chief executive of Link Group’s RSS, welcomed its newest client.
“We’re thrilled for the opportunity to partner with ANZ Staff Super, leveraging our proven technology platforms and data management as part of our commitment to growing the RSS business in Australia,” she said.
“We recognise the importance of data security practices and the standards required of Australian banks. In the super industry, information security is paramount and Link Group takes this responsibility seriously as we safeguard the financial futures of countless Australian families.”
The CEO added that the path forward will be focused on facilitating a smooth transition for ANZ Staff Super members.
Paul Rosam, senior manager of ANZ Staff Superannuation, said the partnership would equip members with better support and customer experiences.
“I am really excited to announce that we’ve entered into an agreement to transition our member and administration services to Link Group,” he said.
“This is an exciting initiative for members, as we think Link Group is the right partner to make our member services offering even more engaging. This is a significant project and we are planning on the transition being completed in mid-2024.”
ANZ Staff Super currently holds $6 billion in funds under management, making it one of Australia’s largest corporate super funds.
Moreover, Link Group manages more than 11 million accounts globally and represents over 40 per cent of the Australian market.
AUTHOR
Jasmine Siljic
Jasmine Siljic is a cadet journalist at Money Management and Super Review. Prior to joining MM and SR, she also worked across other Momentum Media brands as an intern. Jasmine previously completed an internship at Mamamia news. She is currently studying a Bachelor of Media and Communications at Macquarie University.
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