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Praemium appoints new super admin partner
Praemium has appointed OneVue as its superannuation administration, adding $425 million in assets to OneVue's super service.
Praemium managing director, Michael Ohanessian, said the partnership would be mutually beneficial and had encouraged great service to clients at scale.
"Praemium's fast-growing retail superannuation offer is being propelled by the rise of the SMA market," he said.
OneVue managing director, Connie Mckeage, said both groups had been aligned in their visions to create a better super experience for members.
The transition of assets is expected to be completed by the end of 2016.
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The super fund’s Future Saver High Growth option delivered an 11.9 per cent return for the financial year 2024–25, on the back of a diversified portfolio and actively managed investment strategy.
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