Super Funds Are Failing You — ASIC Exposes the Truth

Super Funds Are Failing You — ASIC Exposes the Truth | Supavest

Super Funds Are Failing You — ASIC Exposes the Truth

Australians Are Being Kept in the Dark

ASIC has launched a review into 12 major superannuation funds, revealing a worrying trend — retirees aren’t getting the information they need to make confident decisions. Many funds still rely on generic, one-size-fits-all communication that overlooks retirees, First Nations people, and culturally diverse members.
In short, super funds are failing the very people they’re supposed to serve.

Trustees Are Neglecting Their Core Duty

Under the Retirement Income Covenant, trustees must plan for better retirement outcomes. Yet ASIC found little progress — most funds can’t show how they’re helping members retire with confidence. Communications are weak, oversight is minimal, and retirees are left guessing.
Funds talk about performance and profits, not people.

TIC Property: Clarity and Control in Your Hands

While super funds hide behind complex language, TIC Property offers transparency and ownership.

Here’s the difference:

  • Direct Ownership – You legally own a 5% share of the property.
  • Passive Income – Earn monthly rental income and benefit from property growth.
  • Low Entry Point – Start from around $75K*, not hundreds of thousands.
  • Full Transparency – You know exactly where your money is, and why it’s growing.

It’s not about trusting someone else to manage your future — it’s about taking control of it.

Demand Better — Or Do Better

ASIC’s review proves that big super funds still put systems before people. If your super fund isn’t helping you understand your retirement options, maybe it’s time to take charge.

With TIC Property, you’re not just a member — you’re an owner.

Disclaimer: Supavest does not provide financial advice. Please consult a licensed adviser before making investment decisions.

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