Superannuation funds need to find ways that better engage fund members in order to improve their retirement outcomes. In particular, this relates to the information, education and advice prescribed to members as they prepare for retirement – including identifying the implications of an inadequate retirement savings plan. Left alone, most members will lead a retirement […]
In the fight to engage and retain members, superannuation funds may deploy a number of strategies. But financial advice, a core offering for funds to service and engage fund members, remains under-developed. Rice Warner senior consultant Salvador Saiz has surveyed Australia’s 45 largest superannuation funds looking at opportunities to better incorporate financial advice offerings and […]
On the surface, Australia’s wholesale insurance market looks in robust condition. But new evidence to emerge from the most recent Rice Warner Wholesale Insurance Market Report reveals underlying structural tensions: the biggest insurers getting bigger, operating on decreasing profit margins and seeking to service heightened claims, pricing and product demands from the underlying funds. The […]