Two more superannuation funds being administered by Mercer have adopted the digital advice solutions option provided by Decimal Software.
Mercer and Decimal announced to the Australian Securities Exchange (ASX) that GuildSuper and Child Care Super had opted for the advice solution.
The announcement said that as part of the Mercer Next-Generation platform, both funds would have access to Mercer’s digital solution.
Confirming the arrangement, Mercer chief customer officer, Campbell Holt said the Decimal solution was being offered as standard to superannuation administration clients on Mercer’s next-generation digital platform.
Mercer has used Decimal technology for phone advice since 2013 and more recently implemented Decimal’s Eqilize digital advice solution.
Super funds have built on early financial year momentum, as growth funds deliver strong results driven by equities and resilient bonds.
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Rest has joined forces with alternative asset manager Blue Owl Capital, co-investing in a real estate trust, with the aim of capitalising on systemic changes in debt financing.
The Future Fund’s CIO Ben Samild has announced his resignation, with his deputy to assume the role of interim CIO.