POWERED BY MOMENTUM MEDIA
Sunsuper expands digital offering
Sunsuper has unveiled a range of improvements to its digital realm for employers.
The fund has upgraded its Employer Online system, including partnering with SuperChoice for its Sunsuper Clearing House, which allows employers to manage superannuation obligations in one online platform.
Sunsuper’s customer service general manager Steven Travis said online contribution processes for superannuation were usually complex and looked at legal compliance and administrative accuracy for employers.
“With the industry transitioning to mandatory e-commerce for employers through SuperStream from July 2014, Sunsuper has invested in research and development initiatives to better understand the ongoing needs of employers,” Travis said.
Employers can streamline their super payments on Employer Online, and can do a range of things including sending contributions to multiple super funds, paying contributions by direct debit of BPAY and checking online transaction history.
They can also update employee records and enter contribution details manually or upload contribution files.
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(%)
