Yash Sodhi crowned FSC Future Leader winner
Challenger’s Yash Sodhi has won the 2017 Financial Services Council (FSC) Future Leaders Award with his proposal of a ‘Smarter Super’ program.
Participants in the FSC Future Leaders Award Program were asked to present a solution to the question, what does the future of super look like?
Sodhi’s winning entry proposed a ‘Smarter Super’ program, in which members would have had their own tailored investment glidepath. The investments would have been individually created to holistically reflect an individual’s financial situation.
The implementation of the program would have involved using member data to create tailored investment plans. It also would have embraced graphics by remodelling annual member statements to include an ‘on track’ gauge, which would provide a visual depiction of members’ retirement prospects.
FSC chief executive officer, Sally Loane said that Sodhi’s incorporation of data and technology was key to his victory.
“Yash’s winning entry taps into the hot topics of retirement income and the dissemination of data through technology. It is a thought-provoking and viable solution to the challenges faced by retirement product manufacturers and their consumers,” she said.
Sodhi was proud to have participated in the program, saying that he found it to be much more than a course in professional development.
“It challenges its participants to continually question the status quo, and then take responsibility for finding new solutions … I have no doubt that the learnings I take with me from this year’s program will play an important role in guiding my future professional and personal journey,” he said.
AUTHOR
Hannah Wootton
Recommended for you
Data and technology provider Novigi has acquired Iress’ superannuation consulting and managed services business from Apex Group.
AMP is to launch a digital advice service to provide retirement advice to members of its AMP Super Fund, in partnership with Bravura Solutions.
Unveiling its performance for the calendar year 2024, AMP has noted a “careful” investment in bitcoin futures proved beneficial for its superannuation members.
SuperRatings has shared the median estimated return for balanced superannuation funds for the calendar year 2024, finding the year achieved “strong and consistent positive” returns.
