fbpx
Why Your Employees May Be Losing Out On Super All super things considered The traditional delivery and management of super… Read more

Super is the second biggest employer funded employee entitlement in Australia. Delivered well it can have a positive impact on an employer’s workforce by transforming super funds into a superior employee benefit which can be used to attract, retain, and motivate employees.
Importantly, employers are in a unique position to facilitate the optimisation of their employee’s super funds, by adding value through their corporate super fund. These plans can offer great benefits for employees when it comes to investment options, insurance cover and fees.

Read more

When considering the impact of Covid 19 on super, there are broadly three key demographics with very different considerations and aspirations that are being affected by the current crisis.

The first group is retirees, who are currently devastated by the drop in valuation of their super. The second is over fifties who currently make up about 25% of the working population, and finally there is anyone under fifty, a group which currently makes up 75% of workers.

Below we explore the impact on working Australians and the likely outcomes for their superannuation as an employer-funded entitlement.

Read more

 

 

  • Get in touch. We are here to support you.

Testimonials

Mitsui & Co. (Australia) Ltd engaged AXIS Financial Group in reviewing the existing employer super arrangements and clarifying which product provider might be best for Mitsui & Co. (Australia) Ltd and it’s group of companies.

AXIS Financial Group provided a concise explanation as to who might be best and why, in particular ensuring that the internal project team had the information to feel confident as decisions were made. The project team moved from arguably being daunted by the prospect of improving this particular employer funded employee entitlement and better understood how to manage super as a remuneration benefit through the detailed analysis and explanation provided by AXIS Financial Group

Antony Auliso
General Manager - Human Resources Division
Mitsui & Co. (Australia) Ltd

I want to thank AXIS Financial Group for their efforts in handling insurance claims on behalf of the employees of WesTrac. From the moment AXIS Financial Group were appointed to the task, they moved so seamlessly into position and have made sure that WesTrac is not only better serviced as a result but also more informed about claims progress. I also note the outstanding results achieved by AXIS with respect to marketing and placement of our employer super policy.

It seems nothing is a problem for the AXIS team and I would commend all employers to consider this service.

Gary Carter
Group Insurance Manager
WesTrac Pty Ltd

AXIS Financial Group’s knowledge of employer super is second to none.

DXC tasked AXIS Financial Group with consolidating multiple superannuation funds to a
single company-wide default fund. They delivered, displaying superior knowledge of their
industry, along with the highest level of service and diligence.
From start to finish – the initial analysis of our previous funds, the detailed tender process,
the transition to our new fund, and post-transition – AXIS Financial Group always made
themselves available for support.
We strongly recommend speaking to AXIS Financial Group for all matters relating to
employer super.

Michael McGoldrick
Director, Compensation Asia Pacific
DXC Technology