One thing the world is doing right now is examining what is fair. It’s safe to say the framework for how we live is under the microscope. For me – that’s a good thing.
In today’s modern world – and particularly in a post-pandemic environment – it’s no surprise to anyone the challenges faced by financial services operators are heightened. If you look in particular at the challenges facing the superannuation sector and then turn to our friendly society colleagues, you can see significant similarities.
There are two prime challenges with unit pricing for super funds today – namely, the volatility of the market, plus increasing expectations around standards and governance.
Rebecca Ting is a consultant with a difference. Apart from her love of spreadsheets and modelling, she has a street-smart approach to what the numbers really mean. Mixing reason with predictive analysis has delivered impressive outcomes for her global actuarial and entrepreneurial career to date.
A holistic approach for better outcomes
While no one was ready for COVID-19, it has highlighted what a strong post-retirement framework should look like. SEAN MCGING explores some of the current lessons to help the superannuation industry to better support members in the future to provide the best possible retirement outcomes.
The impact of COVID-19 on Australia’s economy and communities is extraordinary. The United Nations Department of Economic and Social Affairs states this is a “much more than a health crisis. It is a human, economic and social crisis. The coronavirus disease (COVID-19), ….is attacking societies at their core”.