SMSFundamentals: Reality Tough For Super Disruptors
The superannuation disruptor segment has shrunk to half its peak size, with funds exiting the market in recent years having failed to resonate with the target audience
Source: fnarena.com
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Super disruptors call it quits
New data shows superannuation disruptor products have failed. According to Rainmaker Information, the vast majority of superannuation disruptor products, purpose-built for young fund members have ei
Source: investordaily.com.au
Super disruptors throw in the towel
The number of Millennial-targeted super funds continue to fall by the wayside, halving to just 14 nearly a decade after attempting to disrupt the superannuation sector.
Source: financialstandard.com.au
Mike Cannon-Brookes saves our super
Australia’s super sector attracts enough ticket-clippers to establish a mature financial services sector.
Dunk Island Matt Canavan Paul Bennetts Paul Dortkamp Australian Institute Of Company Directors Australian Taxation Office
Source: afr.com
Diversa culls more products
The latest round of cuts sees the closure of three more sub-plans.
Super Fund Super Prophets Macmahon Super Allan Gray Superannuation Australian Practical Superannuation Yourchoice Super
Source: financialstandard.com.au
Millennial super fund fails to GROW
Almost five years to the day that it first launched, GROW Super will close its doors.
Josh Wilson Diversa Trustees Dimensional Fund Advisors Diversa Trustees Limited Dimensional Fund Qantas Super
Source: financialstandard.com.au
More Diversa super products to wind up
Citing members best interests, the trustee is closing several of OneSupers sub-plans due to lack of scale.
Diversa Trustees Trustee Onesuper Allan Gray Superannuation Super Prophets Diversa Trustees Limited Choice Super
Source: financialstandard.com.au
MLC Life wins group mandate
MLC Life has been handed a new group insurance mandate from a retail superannuation provider.
Allan Gray Superannuation Fund Super Fund Super Prophets Financial Standard Allan Gray Super Australian Practical Super
Source: financialstandard.com.au