Future Super – which avoids investing in fossil fuel, tobacco, mining, live animal export and armaments – transitioned its 4,500 members and $145 million in funds under management to OneVue’s platform on Friday.
“OneVue Super Services will provide a range of member administration services to Future Super and its partner Grosvenor Pirie,” OneVue said in a statement.
Future Super managing director Simon Sheikh said the partnership with OneVue would “drive further administration efficiencies and deliver an industry-leading member experience”.
“We are passionate and committed to working to make it easier for Australians to switch their retirement savings to a fund which understands the importance of aligning their values and their money, and we see this new partnership as an important piece in our journey towards our goal,” Mr Sheikh said.
OneVue managing director Connie Mckeage said, “We look forward to continuing to build on this important strategic relationship with Future Super across its member services, pooled funds, institutional mandates and any new funds they incubate.”
“And it’s nice to support a fund that resonates with our culture. We admire what Future Super has achieved in the market and its rapid growth.”
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