SMSF trustees record high level of digital engagement

SMSF/finance/superannuation/

9 December 2016
| By Hope William-Smith |
image
image image
expand image

Digital engagement is growing rapidly in the self-managed superannuation fund (SMSF) sector, with many trustees preferring an online approach to gathering investment and asset allocation information, as well as talking to advisers, according to AMP Capital.

AMP Capital recorded a 100 per cent member increase in its online SMSF community over the past 12 months, which head of SMSF and self-directed wealth, Tim Keegan, said was reflective of an across-the-board preference toward online services.

"This year, there has been a spike in the level of engagement SMSF trustees are seeking with us on a digital platform. We're also seeing more adviser engagement online as well," he said.

"[SMSF trustees] are becoming voracious consumers of information online something we believe is linked with their desire for control of their retirement portfolio. We have also seen an increase in the number of customers and advisers attending webinars."

Keegan said that digital engagement had also been driven by a surge in SMSF interest, as well as the need for trustees to better understand the regulatory environment around their superannuation.

Read more about:

AUTHOR

Recommended for you

sub-bgsidebar subscription

Never miss the latest news and developments in wealth management industry

MARKET INSIGHTS

The succession dilemma is more than just a matter of commitments.This isn’t simply about younger vs. older advisers. It’...

2 months 3 weeks ago

Significant ethical issues there. If a relationship is in the process of breaking down then both parties are likely to b...

3 months 2 weeks ago

It's not licensees not putting them on, it's small businesses (that are licensed) that cannot afford to put them on. The...

3 months 3 weeks ago

BlackRock Australia plans to launch a Bitcoin ETF later this month, wrapping the firm’s US-listed version which is US$85 billion in size....

3 weeks 5 days ago

The central bank has released its decision on the official cash rate following its November monetary policy meeting. ...

3 weeks 5 days ago

Advice firms are increasing their base salaries by as much as $50k to attract talent, particularly seeking advisers with a portable book of clients, but equity offerings ...

1 week 2 days ago

TOP PERFORMING FUNDS

ACS FIXED INT - AUSTRALIA/GLOBAL BOND
moneymanagement logo