MLC launches income guarantee products
MLC is set to launch a new range of income guarantee products, teaming up with DST Global Solutions’ wealth management platform, Bluedoor, to manage back office functionality.
DST Global Solutions (Bluedoor) will deliver a scalable and customised administrative solution that is fully integrated into NAB Wealth infrastructure, ensuring continued operational efficiencies and service capabilities across the MLC MasterKey Fundamentals platform.
“We required a complete solution capable of integrating into our existing technologies, and selected Bluedoor as the best choice following a global tender process,” MLC Retirement Solutions’ general manager, Andrew Barnett, said.
“We were impressed by their next-generation technology framework, established experience in this area, and high level of expertise. Further, we believe the flexibility of the technology will facilitate further rapid innovation, which will provide a substantial advantage,” he said.