TITLE

Cooper announces SuperStream to enhance efficiency of superannuation

AUTHOR(S)
Verdnik, Adrian
PUB. DATE
May 2010
SOURCE
Keeping Good Companies (14447614);May2010, Vol. 62 Issue 4, p241
SOURCE TYPE
Periodical
DOC. TYPE
Article
ABSTRACT
The article discusses the Issues Paper titled "Phase Two: Operations and Efficiency," released by the Super System Review Panel. The SuperStream concept incorporated the panel's recommendation to address the problems of the Australian administration in 2010 such as the lack of industry data standards, manual and disparate processes and lack of a robust member identifier. It indicates SuperStream's approach to streamline the administration of superannuation and allow funds and administrators to cut through red tape and improve efficiency.
ACCESSION #
54492809

 

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