2018 Innovation Name: Sonata defined benefit superannuation administration platform
Awards: 73rd Most Innovative Company
Defined benefit funds used to be offered by governments and large companies. You generally can’t join defined benefit funds anymore but around one million people are still members. As they become less common, most funds decide to get somebody else to look after the administration.
LGIAsuper chose instead to build the world’s most advanced administration system so our members can engage with them using the very latest digital tools and channels. This way they can keep providing our members with the best possible service. In doing this they have changed from being a traditional super fund to a leading FinTech company.