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
FairVine, a female-focused super fund, shuts up after just three years
The closure of female-focused superannuation fund FairVine with $7.6 million in assets was nearly “inevitable” within an environment hostile to challenger funds, experts have said.
Source: afr.com
Super fund for women closes
A superannuation fund that targeted women has quietly closed after three years in market.
Source: financialstandard.com.au