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Link Group expands technology investment
Superannuation administrator Link Group has announced today its new Melbourne technology base following its acquisition of super administrator Superpartners late last year.
The Melbourne hub to be completed by mid-2016 will bring together business units including Link Market Services, AAS, Superpartners, Empirics, and Syncsoft together.
"Our new Collins Street base reinforces our long-term commitment to investing in people as well as technology, and we're aiming to build on the success of our current superannuation service and technology hub at Rhodes in Sydney," Link managing director, John McMurtrie, said.
The integration of Superpartners into Link will see Superpartners' client funds transitioning onto Link's pension and superannuation business platform, aaspire, over the next two years.
"Our focus is to continue to provide high levels of service to all our super fund clients, and develop our technology capabilities to deliver innovative products and operational efficiencies," McMurtrie said.
Under the agreement signed with a number of Australia's largest super funds – including AustralianSuper, Hostplus, HESTA, Cbus, and MTAA Super – Link now administers more than 10 million member accounts.
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