The problem with picking winners – in the World Cup and in superannuation

As a football fan, the FIFA World Cup in Russia has so far been an extraordinary one. From a footballing point of view, it has been a fantastic event, with …

Don’t Let The Royal Commission Do All The Talking

Well then. What a whirlwind the royal commission’s public hearings on financial advice were. Heads rolled – not least of all, the AMP chairman and CEO – and billions of …

The royal commission and the damage done

When the royal commission ends I will have a new job for Kenneth Hayne. I am going to pay him to record Australian poems for me to listen to. Not …

Time to end the never-ending superannuation debate

Like most people my age, I must admit that I spend many hours on social media, which is probably many hours more than I should. One viral post doing the …

It’s now or never for rebuilding trust with clients

Unless you have been living under a rock, which might actually have been a better option for some, the Royal Commission into Misconduct in the Banking, Superannuation and Financial Services …

Market for lemons:  Why super fund members don’t want to pay for advice

It’s a shame for super funds that so few of their members access advice in the years around retirement. For members, accessing advice supports better financial decisions, which lead to …

An inconvenient truth: we’ve failed our seniors

Are you someone who would walk an extra 500 metres to avoid an ATM fee? I’m not. It’s not that I don’t welcome Australia’s big four banks’ recent decision to …

Industry funds need to think of platforms… not products!

There is a shift at work in Australia’s industry funds, a shift from the onboarding of new members and being the lowest cost provider, to member retention and member engagement. …

What do super funds and football teams have in common?

Football finals are upon us. Regardless of the code, many of us are sure to be waiting in anticipation of who will triumph and who will rue their failure over …

Super funds need to help

The superannuation industry is in the rare position of being mandated to grow. It doesn’t have to compete, it doesn’t have to satisfy members, its simply needs to exist. The …