Digital disruption high on super radar

9 May 2017
| By Mike |
image
image
expand image

A recent survey has confirmed that dealing with digital disruption is high on the agenda for financial services executives.

The survey, conducted by SuperRecruiters and Riskwise Professionals rated digital disruption only behind market volatility as an area of concern as superannuation funds and other financial services firms sought to deal with the challenges this year.

The survey that a quarter (25 per cent) of respondents said they were “uncertain” about how to deal with this the digital disruption challenge.

According to SuperRecruits principal, Guy McKanna, this suggests that there is still a large part of the industry that needs to come to grips with the issue.

He said the survey finding needed to be weighed against research undertaken by the Australian Transformation and Turnaround Association which pointed to the fact that service improvement rather than technological revolution was the major threat.

That research showed that the changes being wrought by start-ups were generally not revolutions, but, rather, improved on the service delivery of established organisations.

Read more about:

AUTHOR

Add new comment

The content of this field is kept private and will not be shown publicly.

Recommended for you

sidebar subscription

Never miss the latest developments in Super Review! Anytime, Anywhere!

Grant Banner

From my perspective, 40- 50% of people are likely going to be deeply unhappy about how long they actually live. ...

3 months 4 weeks ago
Kevin Gorman

Super director remuneration ...

4 months ago
Anthony Asher

No doubt true, but most of it is still because over 45’s have been upgrading their houses with 30 year mortgages. Money ...

4 months ago

The Association of Superannuation Funds of Australia has appointed a new director representing industry funds, among a number of other appointments in recent months....

22 hours 27 minutes ago

The asset manager is bolstering its investments in the global energy transition and climate opportunities....

2 days hence

The ethical investment manager has reported record FUM as its growth trajectory continues apace....

1 day 22 hours ago

TOP PERFORMING FUNDS

ACS FIXED INT - AUSTRALIA/GLOBAL BOND