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 proposed reforms have been described as a key step towards delivering better products and retirement experiences for members, with many noting financial advice remains the “urgent missing piece” of the puzzle.
Jim Chalmers has defended changes to the Future Fund’s mandate, referring to himself as a “big supporter” of the sovereign wealth fund, amid fierce opposition from the Coalition, which has pledged to reverse any changes if it wins next year’s election.
In a new review of the country’s largest fund, a research house says it’s well placed to deliver attractive returns despite challenges.
Chant West analysis suggests super could be well placed to deliver a double-digit result by the end of the calendar year.