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.
The winners have been announced for the 2025 Super Fund of the Year Awards, held in Melbourne on 26 November.
Australian Ethical Superannuation has seen additional licence conditions imposed on it by APRA over the fund’s expenditure management.
The fund has strengthened its leadership team with three appointments to drive its next phase of growth and innovation.
ASIC and APRA have warned many trustees have failed to meaningfully improve retirement strategies despite the retirement income covenant being in place for three years.