MUFG and WrKr pick up AustralianSuper payday mandate
In what represents a significant mandate ahead of the implementation of pay day superannuation, digital workforce compliance firm Wrkr Ltd has extended its relationship with MUFG Retirement Solutions to seal a deal with AustralianSuper.
The company said it had been selected to deliver a comprehensive digital platform to enhance AustralianSuper’s Clearing House, Gateway and Digital Employer Services.
It said the mandate had followed a rigorous competitive selection process with MUFG being appointed as the primary provider to AustralianSuper.
The company outlined the key features of the solution being provided to AustralianSuper including streamlined digital onboard and contribution processing and integrated Payday Super and Single Touch Payroll functionality.
Commenting on the mandate, MUFG Retirement Solutions, ANZ chief executive, Frank Lombardo said that by working with partners like WrKr the firm was strengthening its capabilities for clients.
“This partnership also supports the industry’s transition to Payday Super, helping our clients stay ahead of regulatory change and meet the future needs of the superannuation sector,” he said.
WrKr chief executive, Trent Lund said the collaboration with MUFG underscored the firm’s commitment to making compliance effortless from hire to retire.
I think these numbers are too low. Especially if you live in major cities. I try to ensure none of…
Are Interprac / Sequoia going to pay the 10’s of $$ millions in AFCA complaints ? Even after Macquarie &…
Always back self interest when a body is marketing a submission to the government
In other words the system is achieving what the government wanted to happen.
Every day I come on here it feels like it is just the SMC trying to lobby to make one…