NGS Super has expanded its online service, with the launch of a smartphone app, eStatements and new website as more members use digital and online assets.
The app comes with updates directly to the member's app mailbox, a superannuation information section, and the latest investment performance information.
It also comes with the latest news, blogs, and industry and CEO updates.
"In the last two years we've experienced an increase in member interaction and engagement across many of our social media platforms and a strong demand for electronic versus traditional mail," NGS Super CEO Anthony Rodwell-Ball said.
The super fund has grown its social media engagement, with Facebook likes up by 68 per cent, Twitter followers up by 84 per cent and total blog views up by 64 per cent.
The fund's next step is in the app is to allow members to login directly to their personal account details.
Jim Chalmers has defended changes to the Future Fund’s mandate, referring to himself as a “big supporter” of the sovereign wealth fund, amid fierce opposition from the Coalition, which has pledged to reverse any changes if it wins next year’s election.
In a new review of the country’s largest fund, a research house says it’s well placed to deliver attractive returns despite challenges.
Chant West analysis suggests super could be well placed to deliver a double-digit result by the end of the calendar year.
Specific valuation decisions made by the $88 billion fund at the beginning of the pandemic were “not adequate for the deteriorating market conditions”, according to the prudential regulator.