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Australian superannuation fund implements Bravura application

South Australia’s largest private sector superannuation fund Statewide has started its implementation of Bravura’s TalisPension application.

TalisPension, part of Bravura’s Sonata Suite, is a retail retirement savings application which will allow Statewide to administer its superannuation pensions, while satisfying administrative and reporting requirements.

The move is phase one of its implementation of the Sonata Suite, phase two being the migration from the existing SuperB to the new Sonata SuperB system.

Bravura group chief executive and operations director Simon Woodfull says: “The administrative benefits of Sonata will be fully realised by Statewide as a result of this successful implementation. We are confident in an equally successful second phase implementation and the benefits that Statewide will obtain.”

Bravura currently powers the Aviva Wrap and the Nucleus wrap in the UK.


Rock plunges to 11th in lending league

Council of Mortgage Lenders’ data reveals Northern Rock has dropped out of the five biggest lenders by gross mortgage lending to 11th place. Lloyds Banking Group, Santander and Nationwide Building Society hold first, second and third positions, as they did in 2007.

Plus signs

In January, I highlighted the Invesco Perpetual corporate bond fund in these pages. At the time, interest rates stood at 1.5 per cent and I was convinced they would head lower. This proved to be the case and, together with a marked improvement in sentiment, contributed to a sharp rally in corporate bonds.

Can you put a hat on?

By Sarah Scott, marketing consultant You might think the question in the title is a strange one. Perhaps even more so when you learn that it’s one of several asked as part of an assessment for Employment Support Allowance eligibility in the opening scenes of the 2016 film, ‘I, Daniel Blake’. Daniel is a carpenter […]


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