Pensions

Superannuation services

 

Pensions

As one of Australia’s leading super administration services, OVSS also specialises in the administration pension accounts. Our pension solution is designed to assist your over 65’s and retiree members with regular, flexible access to their retirement funds. We administer:

Member administration

  • Establishment and maintenance of member accounts,
  • Consolidation of rollovers prior to pension account creation
  • Regular pension payments, monthly, quarterly or annually
  • Weekly ad-hoc pension payments
Management of all member specific communications including:
  • Annual Pension Group Certificates
  • Annual Pension Centrelink Schedules
  • Direct DHS reporting where required
  • Account Minimum/ Maximum payment management
 

Client servicing

  • Dedicated client service centre
  • Branded email
  • Branded fund website
  • Annual member statements

Fund accounting

  • Bank reconciliations
  • Management and investment account reporting
  • Commission fee payments to dealer groups
  • Taxation activities, including business activity and income activity statements
  • Annual financial statements and accounts

Investment administration

  • Reconciliation of fund manager reports
  • Unit pricing

Reporting services

  • Quarterly management reports to trustee and fund promoter
  • Quarterly and annual statutory reporting
  • Superannuation fund annual reports

Other services

Use of our digital wealth management platform giving your members greater control of their investments.