Suicides and mental TPDs take their toll on funds…and society

The next part of course is to do some cause-and-effect analysis and see how much can be attributed to that. This has all steamrolled – MTAA Super’s experience is but one fund’s example. Cbus and other funds have had their examples too. Similar conversations were happening in every super fund boardroom.

Greg Staunton: Cbus is another fund which has started to do a fair bit of work through group training with apprentices, and now roll out workplace programs. Likewise, we are seeing a downward trend in their suicide rate. Again it’s early days and we might see that deteriorate when we get the full claims through, but I think the initial indications suggest there might be positive impact from these programs.

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Why super needs a ‘zero-defect mindset’  for operational risk

From cyber-attacks and credential-stuffing scams to fragile third-party ecosystems, the super system is facing a reckoning about how resilient it really is. As the implausible becomes inevitable, funds must sharpen their focus on operational risk.

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