The last few years have seen huge disruptions to the financial services sector in Australia. However, these disruptions haven’t occurred in a vacuum; many are global in scope, including saving system complexity, the role of financial advice and heightened environmental, social and governance (ESG) considerations.
As part of our 2019 GR3 survey, we interviewed 195 DC plan sponsors globally, including 41 from Australia. Here, we’re sharing 3 country-specific highlights:
To complement the employee perspective we gained in our 2018 research, our 2019 GR3 survey focused on the employers (or plan sponsors). While the term “plan sponsors” makes less sense in Australia than it did a couple of decades ago, the research was still revealing.