Vantaggi
Superpartners is the largest superannuation administration company in Australia and was previously owned by 5 large industry super funds. It was sold to the Link Group in late 2014, a private equity company, who as part of their portfolio own the second largest administrator, AAS. From January 2015, Link have been "right sizing" Superpartners by consolidating functions and a large number of roles, particularly from middle management and above have gone. The number one current priority for Link is to transition the Superpartners industry fund clients to the AAS administration platform. One client has already been moved across. Due to the recent right sizing activity, it's expected that new employment opportunities at manager level and above will be limited however any vacancies will be for ongoing roles in a dynamic organisation. Link have just released an IPO to raise money with the expectation of further expansion which could offer avenues for advancement for staff.
Svantaggi
The project to transition Superpartner's clients over to the AAS platform mean that management structures, teams, responsibilities and duties are likely to be refined and possibly re-refined over the next 12 to 18 months which depending on how you look at it, could mean an unsettled uncomfortable environment or a dynamic one! AAS and Superpartners are moving to new building in Docklands late this year which again could be a plus or minus for a prospective employee.