Plum Financial Services has emerged as the latest superannuation provider to invest in a major education campaign designed to encourage Australians to take advantage of the Federal Government’s new simpler superannuation regime.
Plum’s manager of product and strategy Peter Talacko said time was running out for people to take advantage of some of the changes and Plum wanted to ensure its members and clients were informed of the potential opportunities.
“We think the changes have made super a much sweeter proposition for people,” he said. “As it is unlikely these opportunities will be available again in the short to medium-term, if ever, it is essential everyone takes the time to see if and how they can benefit before it is too late.”
The super fund has significantly grown its membership following the inclusion of Zurich’s OneCare Super policyholders.
Super balances have continued to rise in August, with research showing Australian funds have maintained strong momentum, delivering steady gains for members.
Australian Retirement Trust and State Street Investment Management have entered a partnership to deliver global investment insights and practice strategies to Australian advisers.
CPA Australia is pressing the federal government to impose stricter rules on the naming and marketing of managed investment and superannuation products that claim to be “sustainable”, “ethical”, or “responsible”, warning that vague or untested claims are leaving investors exposed.