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Dec 9, 2020

Three factors driving the global advice gap

Across the globe, there is an advice gap where a significant proportion of the population does not have access to or feels that they can afford financial advice.

Three main reasons for this include perceived high cost, the method used to deliver advice, and consumer perceptions.

Jun 1, 2020

A view from Australia: Supporting members and partners during the COVID-19 crisis

Three of the most commonly used words right now are probably: “unprecedented,” “disruptive” and “extraordinary.”

An example of how these words are playing out in everyday life is the fact that Australians withdrew over $1.3 billion of superannuation in the first week of the new early release rules to help those suffering financial hardship as a result of the COVID-19 pandemic.  A total of 107 funds made early release payments.

Apr 1, 2020

Digital transformation in the Insurance industry: are you there?

The insurance industry is powered by vast and growing volumes of data and stands to benefit from eliminating the manual processes and workflows that other industries have already replaced.

Dec 12, 2019

Putting the super back into super funds

Australia’s superannuation system is one of the most successful in the world. Not only is it the fourth largest in the world, but it has the highest rate of return in the OECD. Despite this success, many of the country’s super funds face significant threats to their viability, including poor returns, inefficient operations, inability to scale, excessive fees and an overreliance on revenue from inactive accounts.

 

Mar 14, 2019

The road to digital innovation for today’s superannuation funds

There’s no doubt that digital innovation is central to the sustainability of Australia’s superannuation sector.

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