One of Australia’s fastest growing managed account providers, Praemium, has appointed OneVue as its superannuation administration partner.
The partnership will add a further 2,700 individual members and $425 million in assets to OneVue’s superannuation service, cementing its position as the provider of choice for contemporary investment solutions.
OneVue Managing Director Connie Mckeage stated, “Praemium has been a great company to work with as both groups have been aligned in their visions to create a better superannuation experience for Praemium’s superannuation members.”
Commenting on the partnership, Praemium Managing Director Michael Ohanessian said that “Praemium’s fast-growing retail superannuation offer is being propelled by the rise of the SMA market. Our partnership with specialist superannuation administrator OneVue will enable us to deliver great service to our clients at scale.”
The transition of assets to OneVue is expected to be completed in this calendar year.