The superannuation disruptor segment has shrunk to half its peak size, with funds exiting the market in recent years having failed to resonate with the target audience
New data shows superannuation disruptor products have failed. According to Rainmaker Information, the vast majority of superannuation disruptor products, purpose-built for young fund members have ei
The number of Millennial-targeted super funds continue to fall by the wayside, halving to just 14 nearly a decade after attempting to disrupt the superannuation sector.
A start-up super fund aimed at self-employed Australians that was shut down after it failed to reach scale has sued its trustee for breach of contract.
Andrew Peterson allegedly retaliated against an executive concerned about “excessive swearing” and Diversa’s “poor oversight of its regulatory obligations”.