Rest, one of Australia's largest profit-to-member superannuation funds, has launched 'Super Simple Chats', a new vodcast series that aims to simplify and demystify superannuation for its 2 million members.

It comes in response to research conducted on behalf of Rest, which revealed that only 43% of Australians find it easy to understand how super works.

The same research indicated that 83% of Australians believe their super fund should work to make super easier to understand, while 73% of Australians say contributing to their super helps them feel more confident about their future. However, 52% of Australians are unsure if they'll have enough super to provide the retirement lifestyle they want.

Rest's 'Super Simple Chats' vodcast series will consist of five episodes, covering topics such as how much super you need to retire, how insurance works, and how to keep your super savings on track when you have a baby. The episodes will be released weekly on Thursdays on both YouTube and common podcasting platforms.

Rest’s General Manager, Brand and Member Experience, Andrew Ford, said: “At Rest we want to simplify the experience of super for our 2 million members, because making super easy can lead to action, and taking action helps members prepare for the future.” He added, “We think every Australian can benefit from simple advice and education that builds their financial confidence – and it’s clear from our research that there is a public demand for super funds to provide this."

Ford also noted the need to engage younger Australians with their super. “Our Super Simple Chats vodcast aims to humanise super so it’s more relatable for our members," he said.

"Our research shows that young working Australians are often disengaged with their super and see it as boring and complicated." He concluded, “We want to help our members proactively make informed financial decisions early in their working life as this will give them more opportunities to grow their super balance and look to their future with more confidence.”