Link loses major HESTA admin mandate to Grow

Major superannuation fund administrator, Link, has lost a key mandate with big industry fund HESTA announcing it is moving to Grow Inc.

The move to Grow has been announced by HEST chief executive, Debby Blakey who said it build on the existing partnership as the administrator for Mercy Super with which HESTA merged in December, last year.

“Partnering with Grow Inc. represents an opportunity for us to respond to the fast-changing needs of HESTA members in real time, enabling our services and experiences to support them whenever and wherever they need us,” Blakey said.

“The Grow Inc. platform is expected to help us improve member experiences, data management and provide us the flexibility to innovate at greater pace and more efficiently. That’s going to help our members face the future with confidence and support a seamless super experience for our partners.”

Blakey said the industry faced a rapidly changing technology landscape in the coming years and HESTA had built outstanding data, technology, and digital capabilities internally to help them partner with leading providers.

The HESTA chief executive acknowledged the support of Link Group over the past nine years.

The move to Grow Inc is expected to be completed by the end of next year.