The RIC challenges membership engagement
Membership engagement in superannuation funds has never been more important as the industry goes through significant regulatory changes, according to Cbus.
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Membership engagement in superannuation funds has never been more important as the industry goes through significant regulatory changes, according to Cbus.
Not one superannuation document for any super fund is easily read suggesting funds have work to do if they want to engage clearly and effectively with members, according to a report.
Industry inaction on the gender retirement gap is not appropriate, as it has been exacerbated by many women drawing heavily on their lower superannuation balances during the pandemic, according to Cbus.
Cbus Super has said it is in acquisition and merger talks with smaller funds “all the time” but that it was not in anyone’s interest to disclose which funds.
Australia’s super system is based on a traditional male model of working, according to SDA national assistant secretary Julia Fox, but things haven’t operated that way for decades and Covid just made it a hell of a lot worse.