Super recruitment defies volatility
The Australian superannuation industry should defy current market volatility and emerge as one of the nation’s employment growth areas, according to specialist recruitment business, SUPER Recruiters.
The company has pointed to a recent industry survey that revealed around 50 per cent of respondents said they expected to employ more people this year compared to last year.
The survey, conducted by both SUPER Recruiters and Riskwise Professionals found that, by contrast, fewer than a quarter of those surveyed expected to reduce headcount.
Commenting on the results, SUPER Recruiters founder, Guy McKanna said around a quarter of respondents were uncertain about their hiring prospects.
He said respondents suggested that identifying appropriate candidates represented significant challenge, particularly finding the right cultural fit.
McKanna said that the survey had also identified that respondents had noted the degree to which employees had become resistant to changes with technology as a challenge.
Recommended for you
The Assistant Treasurer has reaffirmed the government’s commitment to strengthening retirement outcomes, consumer protections and cyber resilience in superannuation.
The industry super fund has advanced reconciliation efforts with a new initiative focused on improving outcomes for First Nations members.
The regulator has announced fresh legal actions in relation to the Shield and First Guardian fund failures.
The Gateway Network Governance Body has unveiled a detailed roadmap to guide the superannuation industry through the upcoming Payday Super reforms.
TOP PERFORMING FUNDS
ACS FIXED INT - AUSTRALIA/GLOBAL BOND
Fund name
3y(%)pa
1
DomaCom DFS Mortgage
211.16 3 y p.a(%)
2
Loftus Peak Global Disruption Fund Hedged
121.06 3 y p.a(%)
3
Global X 21Shares Bitcoin ETF
72.47 3 y p.a(%)
4
Paradice Australian Mid Cap A
69.09 3 y p.a(%)
5
Smarter Money Long-Short Credit Investor USD
68.96 3 y p.a(%)
