Extension of MUFG Partnership for AustralianSuper Services
Stock | WRKR Ltd (WRK.ASX) |
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Release Time | 4 Jul 2025, 10 a.m. |
Price Sensitive | Yes |
Wrkr extends MUFG partnership for AustralianSuper services
- Wrkr to deliver digital platform for AustralianSuper's Clearing House, Gateway and Digital Employer Services
- Partnership supports industry's transition to Payday Super and improves efficiency and compliance
- Collaboration underscores Wrkr's commitment to making compliance effortless from hire to retire
Wrkr Ltd (ASX: WRK), an innovator in digital workforce compliance solutions, has extended its strategic partnership with MUFG Retirement Solutions, a division of MUFG Pension & Market Services ('MPMS'), to deliver a comprehensive digital platform to enhance AustralianSuper's Clearing House, Gateway and Digital Employer Services. This initiative aligns with upcoming Payday Super reforms and efforts to improve efficiency and compliance in superannuation administration. Following a rigorous competitive selection process, MUFG Retirement Solutions has been appointed as the primary provider to AustralianSuper. MUFG Retirement Solutions will work closely with Wrkr to deliver this innovative platform for AustralianSuper and its employer customers. The partnership will set a new benchmark in digital employer services, equipping AustralianSuper with a robust, future-ready platform that enhances operational efficiency while delivering an improved experience for both members and employers. Key features include a comprehensive, next-generation digital platform, streamlined digital onboarding and contribution processing, and integrated Payday Super and Single Touch Payroll functionality.
Wrkr anticipates that this partnership extension will align with its Average Revenue per User (ARPU) targets once users are fully onboarded.
Wrkr and MUFG Retirement Solutions will work closely with AustralianSuper to develop a transition plan for existing and new Employers to confirm user volumes and timing.