Acurity Online to launch actionable advice solution for superannuation funds

IRESS has accelerated online superannuation portal Acurity Online to draw on IRESS’ advice technology to demonstrate the direction of integration for Acurity and XPLAN, and enhance member engagement.

The announcement follows IRESS’ acquisition of Financial Synergy last month. The solutions draw on XPLAN’s multi-channel advice technology.

Acurity Online is an online superannuation portal for members, employers, advisers and administrators. It is an API- enabled digital portal that leverages the Acurity superannuation and wealth management registry, which administers approximately four million superannuation accounts and $250 billion in member funds.

The solutions were previewed to representatives of superannuation funds and third-party administrators at the Acurity Client Conference in Melbourne yesterday.

IRESS’ Managing Director of Superannuation, Stephen Mackley, said the new solutions would provide significant benefits to superannuation funds as they seek to increase member engagement.

“Once the member has established what they want to change in their superannuation to meet their goals – such as additional contribution or investment options – this is instantly updated.

“The superannuation fund will not need to integrate all of the components as IRESS takes care of this.

“The changes will also further extend XPLAN’s position as an enabler of multi-channel advice technology.”