Hi There

The ASFA Conference last week was fantastic - despite my complaints about the cost. Key takeaways as promised:

• APRA still not happy (no surprise)
• The opposition doesn't have any super policy (also, sadly, no surprise)
• DBFO tranche 2 still a while away (very frustrating - stop tinkering Mulino and get on with it!)
• The expectations of funds from retired members is SO different to pre-retirement. Which brings me to...

Should we have completely separate funds for retirees. I know, it's not going to happen. But it's worth thinking about. If we did have a fund that was JUST for retirees, what would that look like? We all know, it wouldn't look anything like an accum fund. It would be much more multi-disciplinary, more 'person' rather than 'investment' focused. Maybe someone will start one?!? And speaking of person focused...

Today I am chairing Day 2 of the inaugural Engage 2025: Member Engagement, Communications and Experience Conference. There are some stellar sessions and I'll bring you some new ideas/things to consider for next year in next week's newsletter. 

Finally our last CREW webinar for the year is tomorrow plus our PDS Managers roundtables in-person events in both Melbourne and Sydney are nearly here! Please do consider coming along, it's a great way to meet people in a relaxed environment. Details below plus all the latest news and views.

Regards
Sarah

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THATSUPER.SHOW 

Catch the latest episode of That Super Show as Neil and I bring you the highlights from the cloakroom of the expo hall at this year’s ASFA Conference on the Gold Coast. We unpack what’s happening in superannuation, share feedback from listeners and tackle some of the trickiest questions facing funds and members today.

NEWS & VIEWS 

APRA Executive Director Carmen Beverley-Smith's remarks to the ASFA Conference 2025 - APRA

APRA to continue crackdown on super fund expenditure - Financial Standard

Independent trustee venture targets governance uplift - Super Review

FSC calls for urgent reform to CSLR costs - Super Review

Impact investing spikes over five years - Super Review

What Link’s bid for Grow says about the state of super admin - Investment Magazine

ASFA launches Payday Super Hub for smooth transition - Super Review

Payday super part 2: not quite ‘all systems go’ - Accountants Daily

Regulator calls on super funds to rebuild public trust - Super Review

SMC suggests consumer switching protections amid Shield scandal - Super Review

Super good for financial stability, for now: RBA - Financial Standard

Govt to face ‘hard decisions’ on superannuation - Independent Financial Adviser

UPCOMING EVENTS 

UPCOMING MAYFLOWER EVENTS 

PDS MANAGERS ROUNDTABLE - MELBOURNE

Wednesday, 26 November 2025 From 4-6pm

Corporate Cubes Co, Level 14, 333 Collins Street, Melbourne.

Register here.

PDS MANAGERS ROUNDTABLE - SYDNEY

Tuesday, 2 December 2025

From 4-6pm

Parity Consulting offices, Level 12, 35 Clarence Street, Sydney

Register here.

Australia’s leading* PDS and communications experts

1 – Are you drowning in PDSs? Are you looking for a lower risk, more efficient process?

2 – Are there any clouds on your business horizon? Do you have the right comms strategy in place?

3 – Do you need expert help to make a change to your business?

Then let's talk! mayflower.com.au

*Just ask us...