POWERED BY MOMENTUM MEDIA
Towers Watson, Link Group partner on admin
Towers Watson and the Link Group have announced a partnership to provide an alternative superannuation administration provider.
The partnership will allow Towers Watson clients to access Link’s aaspire administration platform and employer portal through its wholly-owned subsidiary Link Super.
“We have been very impressed, in particular, by the aaspire platform's ability to configure and handle complex defined benefit arrangements,” said Towers Watson Australia managing director Andrew Boal.
The partnership gives Towers Watson the opportunity to grow its administration business, particularly in the corporate and public sectors, as well as industry funds with defined benefit divisions, he said.
Link Super chief executive Phillip Muhlbauer said the transition had been completed successfully. In recent years all AAS clients had been moved onto the aaspire platform with the firm now able to leverage that investment into the corporate and public sectors through Link Super, he said.
Recommended for you
Governor Michele Bullock took a more hawkish stance on Tuesday, raising concerns over Donald Trump’s escalating tariffs, which sent economists in different directions with their predictions.
Equity Trustees has announced the appointment of Jocelyn Furlan to the Superannuation Limited (ETSL) and HTFS Nominees Pty Ltd (HTFS) boards, which have oversight of one of the companies’ fastest growing trustee services.
Following growing criticism of the superannuation industry’s influence on capital markets and its increasing exposure to private assets, as well as regulators’ concerns about potential risks to financial stability, ASFA has released new research pushing back on these narratives.
A US-based infrastructure specialist has welcomed the $93 billion fund as a cornerstone investor.
TOP PERFORMING FUNDS
ACS FIXED INT - AUSTRALIA/GLOBAL BOND
Fund name
3y(%)pa
1
GAM LSA Private Shares AU I
37.08 3 y p.a(%)
2
DomaCom Lot 21 Chellaston Road Munno Para West SA 5115 Australia
32.63 3 y p.a(%)
3
Fidante Credit Suisse Global Private Equity
32.16 3 y p.a(%)
4
Global X GlobalX FANG+ ETF
28.28 3 y p.a(%)
5
Plato Global Alpha A
27.76 3 y p.a(%)
