SuperChoice enhances technology offering
Super clearing service specialist SuperChoice has upgraded its technology capabilities by acquiring a software provider, SuperConnect, to electronically source and remit superannuation contributions from company payrolls.
The chief executive of SuperChoice, Peter Phillip, said the acquisition would add to SuperChoice’s online super commerce capability.
The SuperChoice clearinghouse service validates super contributions upfront, cutting data rejection rates by more than 9 per cent.
Phillips said SuperChoice would continue to improve the efficiency of the super industry with electronic solutions for customers.
Recommended for you
The FSCP has announced its latest verdict, suspending an adviser’s registration for failing to comply with his obligations when providing advice to three clients.
Having sold Madison to Infocus earlier this year, Clime has now set up a new financial advice licensee with eight advisers.
With licensees such as Insignia looking to AI for advice efficiencies, they are being urged to write clear AI policies as soon as possible to prevent a “Wild West” of providers being used by their practices.
Iress has revealed the number of clients per adviser that top advice firms serve, as well as how many client meetings they conduct each week.
