Superannuation fund administration software specialists Financial Synergy will be partnering with RewardSuper to produce an online solution specifically catering for self-managed super fund (SMSF) administration.
The firms will integrate Financial Synergy’s Acurity product, which currently manages more than 2.5 million super members and has $50 billion in funds under management, with RewardSuper’s RSDataWeb, an integration and automation tool to support SMSFs and accountants.
The collaboration uses RewardSuper’s SaaS online web solution to integrate transaction data and electronic data feeds, and will deliver seamless online administration for SMSFs, according to RewardSuper director Wolf Schumacher.
Australia’s largest superannuation fund has confirmed all members who had funds stolen during the recent cyber fraud crime have been reimbursed.
As institutional investors grapple with shifting sentiment towards US equities and fresh uncertainty surrounding tariffs, Australia’s Aware Super is sticking to a disciplined, diversified playbook.
Market volatility continued to weigh on fund returns last month, with persistent uncertainty making it difficult to pinpoint how returns will fare in April.
The Association of Superannuation Funds of Australia (ASFA) has called for the incoming government to prioritise “certainty and stability” when it comes to super policy.