Supporting retirement planning at any age
Cost-of-living pressures are driving more Australians under 40 to plan for retirement, with 49% taking action, research commissioned by HESTA finds.
My role oversees HESTA’s information, cyber, and data security. My team manages security policies to protect critical data and manage information security risks, ensuring they are aligned with our business objectives and maintain the trust of our people, partners, and members.
The super ecosystem is complex, relying on a range of stakeholders including members, employers, advisers, payroll providers, gateway providers, administrators, custodians, investment managers, regulators and super funds to all work together to deliver the member experience. Because of the interconnected nature of our super ecosystem, we depend on each other to protect the super savings of all Australians. Given the rapidly evolving cyber landscape, we must all work together now to ensure that our services continue to safeguard the super savings entrusted to us by retired and working Australians.
At HESTA, we take the protection of our members personal and financial information very seriously. We have rigorous security measures in place to protect our members, their details and accounts. Your data, along with your super, is one of the most precious assets you own. Your security is our priority, and we work hard to protect your information. Access to your personal information at HESTA is limited to you and the people who manage your account and provide the information, products and services attached to it, as well as government or other entities as required by law. We collect only the personal information we need to manage your super. We also apply extra checks on key transactions to verify it’s you. To learn more about how we collect and use your personal information see our HESTA for Mercy Privacy Policy.
You play a key role in keeping your online account information safe and secure. You can activate and help protect your online account by setting up two layers of security for extra peace of mind. Two-factor authentication is an effective way to protect your valuable information and accounts against unauthorised access.
It’s important to always remain vigilant to protect your personal information. Here are some things you can do:
I think people will interact more frequently with their super accounts and proactively work to understand how to improve their financial wellbeing and build a better financial future. People will take a more active interest in managing their fund to boost retirement savings, including more commonly making voluntary super contributions. A lot of people today don’t think about their super fund until it’s time to get ready for retirement, but I think in the future, people will plan for their retirement at an earlier stage, considering their super fund as another bank account.
Cost-of-living pressures are driving more Australians under 40 to plan for retirement, with 49% taking action, research commissioned by HESTA finds.
New research commissioned by Super Members Council shows that many Australians have a knowledge gap when it comes to super.