OneVue extends platform partnership with Mercer

Mercer have appointed OneVue to be the partner going forward for the provision of member direct investing capabilities for Mercer’s clients and superannuation members.

The Mercer Direct investment service allows superannuation members to take more control over their superannuation investment strategy allowing them to invest a portion of their funds into direct assets – including direct shares, term deposits and access to a cash hub – without the complexities associated with running a self-managed superannuation fund.

The new arrangement with OneVue will allow Mercer to enhance its current direct investment offering through OneVue’s online platform and administration capabilities and will transition in the first quarter 2019.

The OneVue platform is a contemporary digital investment service supporting Advisers and Direct Investors and now superannuation members through the Mercer Direct investment offer.

The Mercer partnership also caps off strong end-of-year performance for OneVue, which saw its Platform Services FUA to $4.56 billion and was recognised in Investment Trends’ December 2017 Platform Competitive Analysis and Benchmarking Report as ranking third in full function platforms, the winner of ‘Most New Developments’ Award for the second year running and winner of ‘Product Offering’ Award.

“It’s clear superannuation members are looking for greater control over and transparency in their investments, and we’re thrilled to be able to provide that service in partnership with Mercer,” OneVue Executive General Manager Platform Services Lisa McCallum said.

“This partnership affirms OneVue’s strategy over the past year and our commitment to driving up superannuation outcomes and engagement across the board.”

Head of Superannuation Darren Stevens said Mercer was pleased to be extending their working relationship with OneVue.

“The partnership with OneVue is one of a number of initiatives that allows Mercer to provide positive member experiences to our clients and their superannuation members,” Mr Stevens said.

“We are confident that the OneVue platform and capabilities will contribute to Mercer’s continued growth and delivery of strong service outcomes to members.”