The COVID-19 crisis has added even more complexity to a rapidly-changing super fund sector and has disrupted established market trends.

New regulatory regimes have granted people more control over their superannuation than ever before and opened up a new world of innovation for funds. Open Super is here.

In recent months there has been a lot of commentary – and regulatory exhortation – in the superannuation sector suggesting that a wave of fund mergers is imminent.

Calls for consolidation of the number of funds in the superannuation sector have intensified with APRA and industry commentators putting underperforming funds on notice.