Why insurers face a perfect storm as Australians’ ‘surge capacity’ is tested

It started as a health crisis and quickly became an economic crisis. Now, six months on from the initial COVID-19 lockdown in Australia, we are arguably experiencing one of the …

Business recovery hampered by critical skills gaps

As the COVID-19 pandemic continues, many businesses are turning their attention to recovery. But a range of challenges have emerged as potential roadblocks, with CoreData’s latest COVID-19 Pulse Check of …

The Long Read: The rise (or fall) of the “new poor”

Economic development has provided untold opportunities for upward socioeconomic mobility. It’s even spawned a term to describe those who have accumulated wealth quickly and risen through the social ranks: the …

How to recognise the new face of financial hardship

Almost three quarters of Australians now experiencing financial vulnerability or hardship were able to pay their bills with money to spare before the COVID-19 pandemic struck. CoreData’s latest COVID-19 Pulse …

Why improving financial literacy could open the door to advice

CoreData’s research over the past two decades has consistently found that at any point in time, only around one in four Australians are receiving financial advice.  This is a relatively …

Regulation battles in the UK – the opening of the second front

William Maye reports from CoreData UK about the likely effects of the upcoming Mifid II legislation. UK based financial advisers  have been through four years of regulatory change and there …

Lessons from London – four years after the regulation wars began

After years of a complex and opaque financial services remuneration systems, tales of dishonest wealth and pensioner exploitation and about a year of planning, in January 2013 the UK Financial …

The danger of dumbing it down

From an early age I have been fascinated in what makes people tick (maybe it’s no wonder having psychologists as parents). I remember one experience as a child when the …

Power to the people

New aged care reforms being introduced on February 27th, 2017 will hand greater control to consumers and place increased obligation on aged care providers to better understand their customers. Consumers …

From Russia with doubt

When we all think of Russia – we tend to think of it as the alternative superpower – the controlled economy ying to the capitalist yang of the Unites States, …

Digital disruption races ahead in Europe and China

It’s easy to see why banks and fund managers alike are in love with automation – in terms of management, scalability and cost, machines are a lot easier to lover …

Using “simple” analytics to transform business decisions

Recent years have seen the burgeoning growth of data science and ‘insights’ teams to make sense of the large amounts of data that corporations have at their fingertips. This is …

Advice and education could bolster annuities take-up

The ideal retirement is a pipe dream for the majority of Australia’s 4.7 million[1] pre-retirees amid rising living costs and retirement income expectations, new research from CoreData has revealed. CoreData’s …

Don’t ignore the common enemy

It has long been known that superannuation funds need to find ways to better engage their members, particularly younger members for whom retirement is not typically part of their everyday …

Banks must rebuild trust to fend off fintechs

Stories of deceitful conduct among financial planning and banking have been all-too prevalent over the last decade leading to broader resentment among the public towards the sector. Trust in banking, …