End-of-year wrap up from Dave Woodall, CEO Superannuation

As we approach the end of another year, I want to take a moment to thank you for your continued partnership and support. The festive season is a time to reflect, recharge, and reconnect – and it’s also a chance to acknowledge the important role you play in helping your employees build financial security for the future.

2025 has been a year of transformation and momentum. Together, we’ve navigated regulatory change, embraced new technologies, and continued to put members’ best interests at the heart of everything we do. I’m proud of the progress we’ve made – and even more excited about what’s ahead.

Before we all take a well-earned break, I’d like to share a few important updates to help you and your teams close out the year with confidence.

ANZ Smart Choice Super delivers strong three-year returns across all Lifestage options

All ANZ Smart Choice Super Lifestage options delivered strong returns above 9% p.a. for the three years to 30 September 2025, reflecting solid performance across the board for members in these options.

Our 1960s–2000s Lifestage options also delivered double-digit returns over the one-year to 30 September 2025 and returns of over 12% per annum for the three years to 30 September 2025 – a great result for members.

To read more about what shaped investment performance this year, visit ANZ Smart Choice Super’s recent performance page.

Payday Super – supporting you through the change

In August, we shared early insights into the proposed Payday Super legislation. Since then, the Payday Superannuation Bill has passed through both houses of the Australian Federal Parliament – meaning that from 1 July 2026, by law, employers must pay superannuation guarantee at the same time as they pay the wages to their employees.

We’ve been focused on helping employers prepare for this important change and will continue to do so over the coming months.

In mid-November, we hosted a webinar for employer clients to explore what the change means in practice, and how to manage the transition smoothly. To continue supporting employers, we’ve created a dedicated Payday Super page to guide you through the change as we approach payday.

We know this change may require adjustments to your payroll processes, and we’re here to support you in making it as seamless as possible – for your business and your employees.

A New Era: Reshaping the Future of Super & Retirement

In October, we welcomed over 200 attendees to our Employer Events in Melbourne and Sydney, sharing our renewed vision for super and retirement and our commitment to helping members achieve better outcomes.

These sessions marked a key milestone in our transformation journey, highlighting our reinvestment in brand, technology and advice. Through the lens of our 2030 Vision, senior leaders from across Insignia Financial outlined how we’re evolving to deliver more personalised, connected member experiences.

Speakers included:

• Dave Woodall, reinforcing the strength of our family of super funds
• Renee Howie, showcasing data-driven member engagement
• Ashton Jones & Andrew Howard, sharing our focus on retirement innovation
• Dan Farmer, providing a market and economic update

If you'd like to learn more about these events you can visit the A New Era: Reshaping the Future of Super & Retirement article page.

Finding investment opportunities beyond the United States

In a year marked by change and opportunity, it’s important to pause and consider where the investment landscape is heading – and what that means for your employees’ retirement savings.

Our Chief Investment Officer, Dan Farmer, has shared a thoughtful update on global investment trends, with a particular focus on the evolving role of US markets. While American innovation continues to drive growth and attract capital, Dan highlights why it’s equally important to look beyond the US – especially as valuations rise and market concentration intensifies.

His note explores emerging opportunities in other regions, the risks of over-reliance on a handful of tech giants, and the implications of passive investing in today’s environment. Read more in Dan’s full update.

Looking ahead with optimism

As the year draws to a close, I want to thank you again for your trust and collaboration. We’re proud to work alongside you in helping Australians build better retirement outcomes – and we look forward to continuing that journey together in 2026.

On behalf of everyone at ANZ Smart Choice Super, I wish you and your teams a safe, joyful, and well-deserved festive season.

Warm regards,
Dave Woodall
CEO, Superannuation, Insignia Financial

The information in this article is current as at November 2025 and may be subject to change.