An important element underpinning the delivery of evidence-based, industry-relevant research by the Cluster has been its focus on stakeholder and industry engagement.
The Cluster has actively sought to develop a strong understanding of industry needs and increased collaboration between academe, policy makers and industry participants by providing a range of opportunities for networking, the sharing of ideas and reporting on research findings. These include:
Quarterly stakeholder meetings: These meetings are well-attended and have excellent participant engagement, providing an indication of the value placed by stakeholders on the research work of the Cluster. As part of these meetings regular presentations to stakeholders are given by the research teams, providing opportunities for feedback from stakeholders on key findings and suggestions on areas for further research.
Presentations to individual stakeholder organisations: Some of the papers focusing on issues with important implications for industry and policy makers have been identified by stakeholders and have resulted in additional presentations/discussions on specific research topics. Key recent examples include: a presentation in May 2016 by the team from Griffith University to Treasury (Commonwealth) on their work on Indigenous retirement outcomes and sequencing risk; a teleconference meeting between CSIRO and stakeholders to discuss the robo-advice study; a one-day seminar for AMP, including presentations from CSIRO on digital issues and from researchers focusing on behavioural research; and a presentation to the Australian Taxation Office in August 2014 on superannuation drawdown behaviour during retirement
Presentations to industry conferences: A number of presentations have been made by researchers and Cluster Leader Prof Deborah Ralston at conferences including: 22nd Annual Colloquium of Superannuation Researchers at the University of New South Wales in 2014; ASFA Global Investment Forum in Sydney in 2014; ATO Super Leadership Conference in Canberra in 2014; and Allianz – Oxford Pensions Conference in 2014, Pension Options – Risk and Behaviour, University of Oxford.
Annual international conference: The CSIRO-Monash Superannuation Research Symposium is held annually. These events provide an excellent forum for researchers to network, exchange ideas and share their research findings with industry professionals, policy makers and others in academe.
Publication in leading academic and industry journals: Several of the Cluster researchers’ papers have also been accepted by highly regarded academic journals including The Australian Journal of Management, the Journal of Banking and Finance and JASSA, The Finsia Journal of Applied Finance, which ran a special supplement on superannuation with four Cluster papers in its June 2016 issue.
Newsletters publicly reporting updates on programs: These newsletters are provided online to stakeholders tri-annually, including updates on the progress of research, details on papers that have been published in journals, and stakeholder presentations and events.
Website: The Super Cluster website is a repository of information on all matters to do with the research programs, the researchers, and outcomes and also links to other relevant sites.
Use of Cluster research in policy reviews: The Productivity Commission’s 2016 Report on Superannuation Competitiveness and Efficiency drew heavily on Cluster research, citing five Working Papers on behavioral issues including investment and contribution decisions, advice seeking, and drawdown patterns, as well as presentations delivered at the 2015 Annual Conference. A 2015 report from the Productivity Commission, Superannuation policy for post- retirement, also drew on Cluster research into superannuation contribution decisions.
Opinion pieces: Cluster leaders and researchers have published a number of opinion pieces, promoting Cluster research to a broader audience:
- Duffield, J and Ralston, D 2016, ‘Three key retirement factors other than super’, Cuffelinks, 26 October
- Feng, J, Bateman, H and Gerrans, P 2014, ‘Why Australians don’t make extra super contributions’, The Conversation, 15 April, republished at Lifehacker.
- Palmer, C, Dormer, A, Ralston, D and Thorp, S 2014, ‘CSIRO- led research to model superannuation spending’, The Conversation, 10 February.
- Ralston, D and Feng, J 2016, ‘Superannuation and the budget’,
- Cuffelinks, 3 May.
- Ralston, D and Feng, J 2016, ‘Super changes in budget are a step forward in addressing equity’, The Conversation, 5 May.
- Wiafe, OK 2016, ‘Indigenous Australians retire with 27% less savings’, The Conversation, 11 February, republished at Business Daily.
- Reeson, A, Duenser, A and Lochner, M 2017, 'Computer says no: robo-advice is growing but we still don't trust it, The Conversation, 4 August.
- Giesecke, J and Nassios, J 2017, 'Here's how superannuation is already financing homes', The Conversation, 13 April.