Spotlight on Retirement 2024 program
Time
Session
Speakers & Chairs
9:15am
Opening Remarks & Acknowledgement of Country
Mary Delahunty, Chief Executive Officer, ASFA
9:25am
Session 1
Research Round Up
Gain insights into recent research into the Australian outlook on retirement and how the future of retirement is increasingly not a cliff from which to jump but a slow transition.
What do Members really want from retirement? How do they feel about their retirement? Is retirement a positive or negative concept? Or do different members have different perspectives? If so, why?
Chair: Mary Delahunty, Chief Executive Officer, ASFA
Speakers:
Simon Welsh, Director – Research and Reputation, RedBridge Group
Angela Hartl, Principal, Mercer
Renae Smith, Chief of Personal Investor, Vanguard Australia
Shaun Bransdon, Head of Product & Retirement, TAL
10:10am
Session 2
Thought Leadership on the Concept of Retirement
The concept of retirement dates back to the 18th century, and has traditionally signified bluntly ceasing to work. 21st century retirement however is a fast-changing concept. Is a gradual slide into retirement becoming the new norm? Leading on from the morning research round up, hear from our expert speakers on how national and international labour market trends, education and outcomes related to financial, mental wellbeing and health, are contributing to changing perspectives on retirement.
Chair: Mary Delahunty, Chief Executive Officer, ASFA
Speakers:
Sharan Burrow AC, Former General Secretary of the International Trade Union Confederation 2010-2022
Prof. Marian Baird AO, Professor of Gender and Employment Relations, Co-Director of the Sydney Employment Relations Research Group, University of Sydney Business School
10:45am
Session 3A
Regulator Update
Hear from ASIC and APRA on current priorities for the superannuation sector.
Chair: Fiona Galbraith, Director, Policy, ASFA
Speakers:
Jane Eccleston, Senior Executive Leader – Superannuation & Life Insurance, ASIC
Peter Kohlhagen, General Manager, Superannuation, APRA
11:10am
Morning Tea
11:30am
Session 3B
Interpreting the Legislation – Being Prepared
Following on from the updates from the Regulators, what does our expert panel of superannuation lawyers expect superannuation funds to be preparing for over the coming months?
Chair: Nicolette Rubinsztein, Non-Executive Director, Actuary & Author
Speakers:
Zein El Hassan, Partner, Mills Oakley
Ruth Stringer, Partner, MinterEllison
Luke Barrett, Partner, Gilbert + Tobin
11:55am
Session 4
Are Younger Australians Being Left Behind in the Retirement Game?
Younger Australians are facing increasing and competing pressures as housing affordability, cost of living increases and non-linear career paths and job insecurity threaten their ability to engage with superannuation. Younger Australians are likely to live longer but for many, retirement will seem like an expensive luxury. How do we engage and convince our younger cohort to accumulate more super as the industry turns its focus to decumulation?
Chair: Wayne Sullivan, Director of Marketing and Business Development, Frontier Advisors
Speakers:
Deborah Potts, Chief Member Officer, Rest
Marianne Walker, Deputy CEO and Chief Member Officer, Cbus Super
Anne Fuchs, Executive General Manager Advice, Guidance and Education, Australian Retirement Trust
12:30pm
Session 5
Let’s Talk Data
Big data is an enabler but also a distraction. Effective data platforms and data analytics can provide unique insights into members and help tailor advice offerings. However, investing heavily in data resources and systems does not guarantee provision of the best or most relevant member data analytics. This session will look at the issues faced by funds in accessing and analysing member data and the increasing role data plays.
Chair: Luke Symons, Chief Executive Officer, legalsuper
Speakers:
Michelle Lusty, Propositions Manager – APAC, Bravura Solutions
Giacomo Tarantolo, Lead, Retirement Solutions, UniSuper
1:00pm
Lunch
1:45pm
Session 6
Retirement Risks
Retirement is not risk-free and members face real or perceived challenges to a dignified retirement. Risks include outliving savings, rising healthcare costs, inflation, market volatility and poor financial education. This session examines how different countries address these challenges and explores the relevance and application of these solutions to the Australian market. Is the best solution a comprehensive approach to retirement?
Speakers:
Darragh Monaghan, Head of Client Solutions, Hannover Re
John Walters, General Manager, Group Business, Hannover Re
2:05pm
Session 7
Exploring the Role of Aged Care in Retirement
Aged Care, in its many guises, can provide security in retirement for members. However, as Aged Care costs rise and financial risks are increasingly moved from governments to individuals, ageing in place and accessing Aged Care is becoming more challenging. This session will look at the evolving role of Aged Care for an ageing population.
Chair: Maria Ganakas, Head of Retirement, Advice and Service, Prime Super
Speakers:
Patricia Sparrow, Chief Executive Officer, COTA Australia
Tom Symondson, Chief Executive Officer, Aged & Community Care Providers Association (ACCPA)
Sam Harris, Chief Strategy Officer, HESTA
2:40pm
Session 8
The ASFA Retirement Standard – 20 Years On
Speaker:
Ross Clare, Director – Research and Resource Centre, ASFA
2:50pm
Afternoon tea
3:10pm
Session 9
One Size Doesn’t Fit All: Designing Inclusive Experiences for Older Members
The SIS Act defines retirement income solutions as an innovative product class. So when we’re designing member experiences to support these solutions, it makes sense that they’re as innovative as possible. But as the target audience is older Australians, how do we ensure these experiences best serve this diverse segment whose needs and preferences may change over time?
Chair: Shaun Bransdon, Head of Product & Retirement, TAL
Speakers:
Jenny Nguyen, General Manager, Digital Experience, TAL
Jennifer McSpadden, Head of Retirement, Brighter Super
Kate Leplaw, Head of Member Experience, AustralianSuper
3:45pm
Session 10
Has Advice Become a Whole New Ballgame?
The first tranche of legislation arising from the Quality of Advice Review has helped remove significant red tape for trustees keen to offer their members access to greater advice offerings. Subsequent tranches are likely to categorise the types of advice which will have implications for how funds approach the advice offering. This session will unpack early thoughts from the industry on the opportunities and challenges presented by the legislation.
Chair: Lachlan Allardice, Chief Growth Officer, SS&C Technologies
Speakers:
Peter Hogg, General Manager, Guidance and Advice, Aware Super
Sarah Abood, Chief Executive Officer, Financial Advice Association Australia (FAAA)
Csaba Baranyai, Chief Executive Officer, Industry Fund Services (IFS)
4:20pm
Session 11
Creating Confidence Amongst Members in Decumulation
With over 200,000 Australians entering retirement every year, how are funds rising to the challenge of members moving into the decumulation phase? What are newly- or semi-retired members looking for from their superannuation fund? What might some innovative offerings look like? This session is a chance to hear from the industry about how they are planning to ensure confidence amongst members as they head into retirement. Also, the role innovations in investment options and account-based pensions could play in creating confidence amongst members as they head into retirement.
Chair: Lucy Foster, Head of Group Retirement Solutions, Client Delivery, Allianz Retire+
Speakers:
Michael Clancy, Chief Executive Officer, Qantas Super
Jacki Ellis, Head of Retirement, Aware Super
Vicky Maguire, Retirement Delivery and Transformation Lead, AustralianSuper
4:55pm
Wrap Up
5:00pm
Networking Drinks
6:00pm
Event Concludes
