OneVue is set to expand its SMSF footprint with the first of several new private label partnerships.
The wholesale superannuation solutions provider has announced its Platform Services capabilities will be leveraged by Spring FG Limited (Spring FG).
“Our core Platform Services capability will be used to administer SMSF assets with a focus on property for Spring FG,” OneVue Head of Platform Strategy, Sales and Service David Storm said.
“Unlike traditional platforms, OneVue has a specialist ability to administer the cash flow elements of direct residential and commercial property.”
Spring FG Managing Director Keith Cullen explained the company was attracted to OneVue’s property asset administration capabilities.
“After an extensive review of platform options we’re delighted to partner with OneVue to deliver asset administration services for our SMSF and non-SMSF clients,” Cullen said.
Spring FG is the latest client to join OneVue’s platform with more than 200 SMSFs added in the past quarter, lifting Funds Under Administration (FUA).
“So far this year we’ve added around 500 SMSFs, with 250 of them coming from the award-winning SMSF Managers that OneVue purchased in May,” Storm added.
“We’re working with a number of new and existing clients who are looking at our functionality to deliver property asset administration solutions.”
For further information, please contact:
OneVue Media and Communications Manager
02 8022 7421
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