Evolving Superannuation Funds for the Future
It’s crunch time for the Australian super funds industry. A strict new regulatory regime is about to come in, which has taken two years of preparation — pushing up costs and eating up board members’ time and attention.
We spoke to the people at the front lines — including the CEOs of Australia’s top super funds — about their frustrations, successes and what they’re doing to stay one step ahead.
But where some see obstacles, others see opportunities. While they’re dealing with risk, they’re finding new ways to improve returns. And rethinking whether it’s better to outsource their investment managers, or bring them back in-house.
Super funds can agree that their decisions are driven by one primary goal — to make sure members have adequate funds for retirement.