Insuranceour clients
OnePathTyndall
QANTAS Superannuation
Russell
AMP
FuturePlus
CUSCAL
Tower Australia
ING Australia
BankWest
Harris Financial Group
QBE LMI
Suncorp
Nikko AM
Mercer
AMP Financial Planners Association
MLC
Professional Investment Services
Metlife
Superannuation
Not since the introduction of the superannuation guarantee has the super industry faced such intense change. The combined forces of market performance, industry consolidation and legislative change present a formidable operating environment.
With many funds looking to rationalise outmoded products and others looking to replace legacy systems, the focus is on bottom line performance.
Suppliers must trim fees to secure new business, whilst balancing the need for compliance-driven technology investment. With pressure on operating budgets, funds and service providers alike look to mergers and/or acquisitions as a way to address competing priorities. The need for action is further highlighted by increased competition from the emerging self managed superannuation fund sector.
As pressure intensifies, so does the need for rapid yet controlled delivery of change. Delivery that focuses on the early realisation of benefits. Delivery that acknowledges the confines of a complex regulatory environment.
Sequential's deep understanding of the superannuation industry and its history ensures we can achieve this type of delivery.
Industry consolidation
Pressure to grow scale and reduce costs has triggered mergers in pursuit of savings and benefits.
Process efficiency
Initiatives such as SuperStream and SIDAPS are just some of the efficiency programs aiming to reduce cost and risk.
Regulatory pressure
Increased pressure on capital requirements and product design constraints are being felt across the value chain.