POWERED BY MOMENTUM MEDIA
Bravura signs VicSuper to new online offerings
Bravura has signed VicSuper to use its administration software and online superannuation portal for members and employers, expanding the current relationship the two groups currently hold with each other.
VicSuper will use Bravura's Sonata as its primary registry system for internal operations and to offer member services while ePASS will be used as VicSuper's employer contributions portal with online and mobile member access.
The two groups have a 15 year working relationship with VicSuper using Bravura's heritage superannuation systems with the implementation of Sonata and ePASS into the VicSuper business set to take 18 months.
The first phase will develop mobile capabilities for VicSuper, the second phase will focus on SuperStream compliance for employers with the third introducing full administration capability.
VicSuper chief executive Michael Dundon said Sonata and ePASS would allow the superannuation fund to retire a number of legacy applications while developing more products and features for fund members and engaging with them further through online and mobile channels.
AUTHOR
Jason Spits
Jason has been writing on financial services since 1999 and has worked for on a number of trade media titles in both a full time and freelance capacity. He joined Money Management and Super Review in 2013 in the role of Senior Journalist.
Recommended for you
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.
Specific valuation decisions made by the $88 billion fund at the beginning of the pandemic were “not adequate for the deteriorating market conditions”, according to the prudential regulator.
TOP PERFORMING FUNDS
ACS FIXED INT - AUSTRALIA/GLOBAL BOND
Fund name
3y(%)pa
1
Spire Oaktree Opportunities XI Second Close
61.07 3 y p.a(%)
2
Spire Oaktree Opportunities XI First Close USD
59.21 3 y p.a(%)
3
DomaCom Lot 21 Chellaston Road Munno Para West SA 5115 Australia
31.56 3 y p.a(%)
4
Fidante Credit Suisse Global Private Equity
31.06 3 y p.a(%)
5
DomaCom 4/27 Crombie Avenue Bundall QLD 4217 Australia
26.81 3 y p.a(%)
