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.
Hope this includes industry funds they are just product providers and some of the biggest. ASICs own reports 639 and…
Hope this includes industry funds they are just product providers and some of the biggest. ASICs own reports 639 and…
Good idea, if its low cost and does same thing as other platforms without added headaches or product driven fluff…
Someone has to fund the Big Bloated Bureaucracy.
Should ban industry fund advertising and sponsorships whilst they're at it. Also a form of lead generation in my view.