Funds management software provider, Supercorp Australia, has released new software designed to cope with legislative changes which came into effect in July.
Supercorp’s SuperVisor II, version 2.10 was released yesterday. Suncorp’s managing director Kurt Groeneveld, said the software was designed to reduce the pressure on super funds’ administration teams to cope with legislative changes. The new software release helps with the administration of member contribution splitting and gives single income families access to two eligible termination payment low rate thresholds and two reasonable benefit limits. It also provides support for the 2006 tax return. Supercorp provides administration software to industry funds, DIY funds administrators, boutiques and corporate funds managers.
29 August 2006 00:00
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Investments
Asset owners are right to be concerned about private credit fund suspensions and redemption queues, Blue Owl head of alternative credit Ivan Zinn told the Investment Magazine Fiduciary Investors Symposium, but he thinks that two years from now they’ll be looked back on as nothing more than a “speed bump” on a highway of growth and strong returns.
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