Super statements ready for a shake up

It’s time trustees began exploring alternatives to paper-based or PDF statements and start converging static information with interactive functionality and personal advice in a customised app to give members an incentive to engage.
Investment Strategy

Robo-advisers on the march

BT Financial is testing ambitious robo-advice software that will assess areas of inefficiency across an individual’s superannuation, insurance, investments, mortgages and banking. The Wealth Review will be offered free to all customers and will be sent out in targeted campaigns to specific age groups in the coming months. The program works by requesting information from […]

AustralianSuper targets digital advice to meet potential demand

AustralianSuper aims to substantially boost its level of digital advice engagement with members over the next 12 months, according to a senior member of its advice team. “Traditionally industry funds have had a very high level of disengagement…but we are starting to see, as people are in the system a bit longer, that’s starting to […]
Investment Strategy

Move to digital allows better compliance with ASIC

The development of digital platform is enabling funds to better comply with the Australian Securities and Investment Commission (ASIC) by automating compliance and providing documentation of key data sets related to members. State Super Financial Services’ use of digital platforms means defined parameters are set around the advice the fund’s advisers can give, as the system […]

Ground-breaking retirement solution on public view, June 1

The creators of the most advanced program to calculate optimal investment and consumption strategies for retirees are to make a public demonstration of their work in Melbourne on June 1. David Schneider, head of research at UniSuper, plus Paul Newfield and Jeffrey Chee, both senior actuaries at Towers Watson, will speak at an Actuaries Institute […]