Vision Super self-administers
Vision Super has implemented its self-administering platform with aims to improve efficiency and capability of the fund's administration and finance, and to reduce fund costs.
The fund said its new core registry system and associated technologies had been implemented through an arrangement with superannuation software provider, Financial Synergy.
Vision Super chief executive, Stephen Rowe, said: "Its successful implementation showcases the skill and capacity of Vision Super in doing what most other funds are outsourcing".
"It positions Vision Super extremely well for growth, and for partnering with other funds who might be looking to an alternative to large administration groups," he said.
The fund said the new system would result in greater efficiency and flexibility, and more capability in the areas of workflow, reporting, correspondence, and member/employer online experience.
Recommended for you
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.
TOP PERFORMING FUNDS
ACS FIXED INT - AUSTRALIA/GLOBAL BOND
Fund name
3y(%)pa
1
DomaCom DFS Mortgage
211.16 3 y p.a(%)
2
Loftus Peak Global Disruption Fund Hedged
121.06 3 y p.a(%)
3
Global X 21Shares Bitcoin ETF
72.47 3 y p.a(%)
4
Paradice Australian Mid Cap A
69.09 3 y p.a(%)
5
Smarter Money Long-Short Credit Investor USD
68.96 3 y p.a(%)
