MUFG seeks to leverage Perpetual IM mandate

Staff Writer

Financial Newswire

26 June 2025

MUFG Pension & Marketing Services (MPMS) formerly known as Link Group), has successfully onboarded Perpetual Investment Management as its first group-wide client covering investor and member administration and retirement solutions.

MUFG said it had completed the transition of the Perpetual business with the engagement covering unlisted registry, listed registry, corporate registry and exchange traded products from the MUFG Corporate Markets business as well as superannuation administration services from MUFG Retirement Solutions.

Announcing completion of the transition, MUFG said that over the course of the complex delivery, MPMS successfully migrated a significant unlisted registry transition. This initiative included the development of significant new functionality, and the enhancement of its online portals.

In addition, MPMS migrated member accounts across multiple superannuation and pension plans, demonstrating its ability to deliver a full administration service to advice-led retail superannuation funds.

Commenting on the outcome, MUFG Corporate Markets chief executive, Lysa McKenna welcome Perpetual as the firm’s first group-wide client something which she said highlighted its ability to deliver integrated, large-scale solutions that not only serve current needs but also set the stage for future growth.

“The foundations laid through this program will strengthen the platform we offer to new clients across the market and allows us to scale readily as we on-board further cross-divisional clients in the future.”

Perpetual chief operating officer, Daren Donellan said that in selecting MUFG for this complex transition, Perpetual received a number of benefits including administrative maturity, deep client base and broad service offering.