Diane Somerville

Actuary | Principal - Superannuation Consulting at Deloitte Australia | @Green_Dot

[Diane Somerville @Di_Somerville]

Growing challenges for Australian #superannuation funds to enhance #investment opportunities and develop broader skillsets needed to invest in more diverse assets incl. alternative and international assets, as their growth in #scale continues at pace. https://t.co/uZhh85SxQ7

[Diane Somerville @Di_Somerville]

Australian #superannuation funds are turning their sights towards offshore #investments and #unlisted assets to take advantage of the best investment opportunities for their members as they face scale constraints in the domestic market.
https://t.co/MfLjAdYotn

[Diane Somerville @Di_Somerville]

Continued rationalisation of the #superannuation industry is leading to the development of 'mega-funds' managing the bulk of assets and members across the market. #Deloitte https://t.co/4KTHR9Dv1b via @FinStd

[Diane Somerville @Di_Somerville]

Industry funds set to reach over 50% of #superannuation assets #Deloitte https://t.co/UoY3Zm6EMW via @FinStd

[Mike Taylor @mmmiketaylor]

Be in no doubt, industry funds are already dominant and will become more so assisted by Govt policy. #deloitte #superannuation #qar https://t.co/r7WrEybCkS

[Diane Somerville @Di_Somerville]

Total #superannuation assets currently sit at $3.2 trillion and are projected to more than triple over the next 20 years.
What is driving this growth, and how will it be felt across the industry?
Read more https://t.co/KZLinKcSja via @Deloitte

[Diane Somerville @Di_Somerville]

For a #superannuation industry experiencing strong #consolidation and with over 3m Australians approaching #retirement in next decade, I discuss the latest #trends in #super with @phildobbie in today's NAB Morning Call Weekend Edition. https://t.co/idHRSztIEW

[Diane Somerville @Di_Somerville]

@Cirque I’d like to exchange some #KOOZA tickets for Montreal to a new date plus add an extra ticket. Can’t get through to customer service on the phone. Is this possible? (I sent email too but no reply - yet). Thanks!

[Diane Somerville @Di_Somerville]

Making #childcare more affordable will help to close the gender gap in #superannuation savings. This would make a real difference to #retirement outcomes for low and middle income earners, especially women.

https://t.co/QVgxaI75ty

#genderequity #workingparents

[Diane Somerville @Di_Somerville]

SMSFs will decline in market share in the next 20 years due to their older demographic transitioning to #retirement & hence high benefit drawdowns. Powerful growth in Industry Funds due to strong current positioning and lower fees on average.
#superannuation #smsf #industryfund

[Diane Somerville @Di_Somerville]

Deloitte's latest Dynamics of Super report analyses shifts across market sectors in #superannuation.
#Deloitte #growth #consolidation

[Deloitte Australia @Green_Dot]

The #superannuation industry continues to experience rapid change, with further consolidation expected at a fund and an account level.

Our latest research sheds light on the current and projected movements across market sectors: https://t.co/lmQuO2V5tS

#ImpactThatMatters

[Diane Somerville @Di_Somerville]

Industry #superannuation funds will increase their market share to more than 50% of total superannuation assets in the next 20 years. Access the full #Deloitte report at https://t.co/6eKUQAtjIJ.
#growth #stapling #yfys
https://t.co/65Us5sHXRv

[Diane Somerville @Di_Somerville]

Australia’s #superannuation system to surpass $9 trillion by 2041. How will market share change?
#growth https://t.co/szvYnoEf5S

[Diane Somerville @Di_Somerville]

Exciting to release our latest Dynamics of the Australian Superannuation System report today. Our report projects #growth across the market, and examines market dynamics, demographic shifts, #longevity and #retirement incomes.

#superannuation #deloitte #data

[Deloitte Australia @Green_Dot]

Total #superannuation assets have risen to $3.4 trillion and are projected to almost triple over the next 20 years.

What is driving this growth, and how will it be felt across the industry?

Read more: https://t.co/qAVs1FFZUx

#ImpactThatMatters

[Diane Somerville @Di_Somerville]

Superannuation funds currently own about 35% of Australian listed equities, and this will grow over coming years due to ongoing contributions as well as increasing SG rates as the system matures. #superannuation #Ausequities https://t.co/TVCKKRrKIt

[Diane Somerville @Di_Somerville]

I always look forward to the Deloitte Australia Federal Budget analysis. You can sign up now for the webinar and to receive the report first in your inbox: https://t.co/7B5BLcBa2w

[Diane Somerville @Di_Somerville]

The only way out of the #COVID19 pandemic is to make sure there are vaccines for everyone, everywhere. That's why I'm donating to #GoGiveOne. Join me and #GoGiveOne today. https://t.co/K3X8K3Ywy7

[Diane Somerville @Di_Somerville]

How #remote working can increase #connection and feeling of #community.
#virtualoffice https://t.co/pWOUdlXrGD

[Diane Somerville @Di_Somerville]

Goldman Sachs's decision reflects the growing body of research that shows companies with diverse boards outperform those with no diversity in their ranks. #Diversity #Management #GenderGap #CorporateGovernance https://t.co/8P7tjzJjBO

[Diane Somerville @Di_Somerville]

Scale the value of analytics - #Augmented #analytics uses #ML and #AI techniques to identify actionable insights from #data https://t.co/xQljdc29bv