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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.
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