COVID-19 has impacted the super sector in many ways, but it has not stopped the inexorable move towards consolidation in the industry.

The Federal Government’s recent release of the Retirement Income Review is a welcome step forward in superannuation policy development. Unlike some other recent reviews, however, this one had no recommendations.

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

As a horse lover and a keen student of horse racing, as well as a believer in a strong financial system – it has been a tough year.

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.

Demographic changes are making retail investors, on average, younger and more educated – with consequences for business.

Open Banking empowers consumers to request their financial data is made available to accredited third parties such as utility providers, fintechs or other banks, leading to more transparent decision making.

To regain trust and stability in the superannuation industry, a long term view needs to be taken.

What was lost in much of the election discussion around the removal of the refund of franking credits for individuals and superannuation funds, was the tax policy issue that is trying to be addressed.