Fintech InvestStream partners with first fund client, betting AI's role in super is translation, not calculation
The entrepreneur behind Xplan has a new thesis: keep AI away from the maths when it comes to helping super fund members.
July 15, 2026 — Australian fintech InvestStream has announced a landmark partnership with Australian Food Super to bring an AI-powered member engagement platform to its members. The platform represents a new approach—combining sophisticated retirement modelling with a conversational experience that helps members better understand their choices.
The platform will begin reaching members through an invite-only early access phase from late July.
The platform, built by Australian entrepreneur Jason Hoang, separates two functions that most AI-engagement tools blur together: a calculation engine that performs every projection and scenario using deterministic, auditable logic, and a conversational AI layer that translates those outputs into plain language. The AI never touches the maths.
“There's a lot of noise right now about AI in financial services, and most of the concern is that funds will point generative AI at a member's retirement balance and trust it to deliver,” said Hoang, who co-founded Xplan, one of the advice industry's most widely used planning platforms, before founding InvestStream. “We built the opposite. The calculation engine is separate from the AI entirely, built by our actuarial team and fully governed by strict compliance controls. AI's only job is to have the conversation.”
The distinction matters commercially as much as technically. Superannuation funds have spent years building sophisticated retirement modelling, but that sophistication has largely stayed locked inside static calculators few members use. InvestStream's bet is that the constraint was never the modelling — it was the interface and lack of plain English translation.
Australian Food Super, a boutique industry fund covering workers across Australia's food, meat and agricultural sectors, is the first fund to put the platform in front of members, under the product name RetireSmart+. The fund's membership skews young and includes a large proportion of workers for whom English is not a first language — a cohort executives say has been poorly served by existing calculator tools.
“The modelling has always been good enough. What hasn't existed is a way for a 22-year-old shift worker to actually use it,” said Michael Sykes, CEO of Australian Food Super. “That's the gap RetireSmart+ is built to close.”
InvestStream said it is in early conversations with several other funds about the platform. Integration is deliberately lightweight — the platform receives only a member's first name, super balance, month and year of birth, with everything handled conversationally — a design Hoang said was intended to keep onboarding measured in weeks rather than years.
RetireSmart+ is in early access with selected Australian Food Super members, ahead of a staged rollout later this year. MUFG, which provides registry and administration services to Australian Food Super, is also involved in the rollout, reflecting the layered partnerships now common in super funds’ technology stacks.
About Australian Food Super
For more than 40 years, Australian Food Super has supported hardworking Australians across the food industry - from its roots serving Australia's meat industry to members right across the food supply chain today.
The fund is committed to helping its more than 65,000 members understand their super and make the most of it on their journey to retirement, delivering competitive fees, solid investment returns, accessible insurance, and personalised service. Australian Food Super's low-complexity, low-cost approach combines the close member relationships of a smaller fund with the performance and capability of larger industry funds, and a deep belief that super should work as hard as the people it serves.
Learn more at ausfoodsuper.com.au
About InvestStream
InvestStream develops AI-powered engagement and financial intelligence infrastructure that enables financial institutions to simplify complexity without compromising modelling integrity, governance, or regulatory alignment.
Its flagship products include SUGAI™, a financial modelling infrastructure layer that centralises the rules, assumptions, and calculations underpinning professional-grade projections, and SuperAnne™, a conversational engagement platform for superannuation, powered by SUGAI.
Together, the architecture enables individuals to explore financial scenarios through clear, context aware interactions, while ensuring every outcome remains governed by the same underlying modelling logic and institutional controls.
With teams across Sydney, Melbourne, and Singapore, InvestStream supports funds, platforms, advisers, and enterprise partners in modernising financial engagement, modelling, and decision-making infrastructure.Learn more at investstream.io
