Ironically Pillar (NSW government superannuation admin platform) is up for sale. Rumours are it will sell for around $20 - $30 million and you will get the last remaining large platform administrator in the market, with at least 10% market share.
Talk is that Link will be prevented from acquiring due to its existing large market share. With the smartgroups chairman linked with Link, he will have knowledge and good industry insight.
I would question whether it would be a smart move. Smartgroup are structured more toward selling to companies to provide automated payroll processing. Super payments administration would be more of an option, like acquiring Superchoice, rather than targeting super and fund administration. Haven't heard that Superchoice are on the market, however this year will be tough for them, there are significant competitors entering in this space, like the current payroll systems, Chris21, etc.
Best of Luck
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