The startup offers a digital wealth management platform that provides real-time investment performance tracking and streamlined pension processing for private fund clients. By enhancing transparency and control, the platform enables users to manage their investments more effectively and efficiently.
Funding
$7.9M raised to dateRaised to date based on public sources. This may differ from the amount the company actually raised and is based only on what is publicly available on the internet.
Founders
Product
Problem
Many Australians find their superannuation (super) funds lack transparency and control, resembling traditional managed funds with high administrative costs, which can lead to disengagement and suboptimal wealth accumulation. Existing solutions often fail to provide the level of choice and insight that individuals desire for managing their retirement savings effectively.
Solution
TOMORROW Super offers a digital platform designed to provide Australians with greater transparency, choice, and control over their superannuation. The platform aims to replicate the benefits of a Self-Managed Super Fund (SMSF) without the complexities of administration and high fixed costs. By aligning investment portfolios with individual risk profiles, TOMORROW Super empowers users to actively manage their superannuation and make informed decisions about their financial future. The platform provides a user-friendly interface for real-time performance tracking and streamlined pension processing.
Target Audience
The primary target audience includes Australians seeking greater control and transparency in their superannuation management, particularly those who desire the flexibility of an SMSF without the associated administrative burden.
Features
- Risk profile test to align managed portfolios with individual risk and return comfort levels
- Choice of diversified asset allocations ranging from conservative to high growth
- Real-time investment performance tracking
- Digital interface for streamlined pension processing
- ASIC-licensed AFS