Superannuation News Wrap

This week's Superannuation News Wrap discusses a series of pressing issues in Australia's superannuation industry. Key among these is the Super Members Council's appeal to the Federal Government for the roll out of payday superannuation legislation amidst mounting overdue superannuation bills. The episode also covers the current criticisms on the superannuation sector under the Retirement Income C...

In this week's episode, Paige Estritori discusses the latest news in superannuation. Key stories include ASFA's endorsement of superannuation trustees charging for retirement advice, diverging from concerns over practicality, and supporting the Delivering Better Financial Outcomes reforms. AMP has recorded a significant increase in member engagement with their new digital advice service, with furt...

In this episode of Financial Services Online's Superannuation News Wrap, Paige Estritori discusses key developments in Australia's superannuation industry. Highlights include AMP Financial Services' recent digital leap in retirement planning, which has significantly increased member engagement. The MUFG Pension and Market Services announced a strategic tech partnership with Microsoft focused on en...

In this week's Superannuation News Wrap, key developments include a partnership between MUFG Pension and Market Services with Microsoft to use AI to improve investor engagement and automate operations. CareSuper has also collaborated with FNZ to create a Direct Investment Option platform for increased financial control, and AMP Limited is amplifying their digital advice services. Northeast Wealth'...

On this week's Weekly Superannuation News Wrap, MS Pension and Market Services' new five-year partnership with Microsoft stood out as a potential game-changer in Australias financial services. By incorporating Microsofts AI technology, the duo aim to revolutionise services by automating core processes and shifting away from manual tasks. Numerous super funds are following suit in leveraging tech a...

This episode of Financial Services Online's Weekly Superannuation News Wrap hosted by Paige Estritori discusses the significant happenings in the Australian financial services industry for the week of July 12th, 2025. Key highlights include MPMS's collaboration with Microsoft on a five-year mission to integrate AI into superannuation services, CareSuper and AMP Limited revealing major tech advance...

In this episode of the Weekly Superannuation News Wrap, Paige Estritori discusses key developments in Australia's superannuation industry. Last week witnessed several technological advancements, with MPMS collaborating with Microsoft to automate superannuation services, while CareSuper and AMP Limited are prepping for government's Delivering Better Financial Outcomes reforms with tech initiatives...

The latest Weekly Superannuation News Wrap covers key matters in Australian financial planning, including a proposal by James O'Reilly of Northeast Wealth for financial advisors to access to the Australian Taxation Office portal, potentially streamlining EOFY processes. The podcast also discusses a report from Aware Super advising against shifting superannuation funds to cash in market downturns,...

This week's episode of the Weekly Superannuation News Wrap covers major developments in Australia's superannuation industry. The podcast discusses a new partnership between MUFG Retirement Solutions and WrKr Limited, which was formed to optimize Payday Superannuation using a sophisticated digital platform. Also in the news, Shine Lawyers has initiated a class action against AMP due to allegedly ex...

In this episode of the Weekly Superannuation News Wrap, we discussed a significant lawsuit against AMP, alleging excessive charges on superannuation fund members over five years, a situation that could escalate regulatory scrutiny and impact trustee obligations. We also navigated legislative uncertainty due to proposed Division 296 changes introducing a 15% tax on superannuation earnings over $3 m...

In this week's Superannuation News Wrap, Paige Estritori discusses possible changes in the Australian financial landscape. Proposed Division 296 changes may bring a 15% tax on superannuation earnings over $3 million, sparking strategic hurdles and tax reform expectations. Amid growing concerns, financial advisors anticipate further tax reforms and criticize the Australian Taxation Office's plan to...

This Weekly Superannuation News Wrap by Paige Estritori of Financial Services Online covers key issues concerning superannuations in Australia as of July 6, 2025. The podcast discusses the disruptive effect of ongoing legislative uncertainties, particularly Division 296 changes proposing a 15% tax on superannuation earnings over $3 million. There's also a sense of anticipation around further tax r...

This episode of Financial Services Online, presented by Paige Estritori, addresses concerns regarding proposed Division 296 changes, which would impose a 15% tax on superannuation earnings over three million dollars. The podcast highlights the uncertainty faced by Australian financial advisers amidst legislative ambiguity, upcoming tax reforms, delayed aged care reforms and the Compensation Scheme...

In this week's Financial Services Online podcast, Paige Estritori discusses the challenges Super Funds face, particularly with advisory services and governance. The industry gravitates towards integrated advisory models, while the Conexus Institute emphasizes a consistent advisory process supported by good governance. In parallel, ASIC flagged concerns with high-pressure super fund switches, advoc...

In this episode of Superannuation News Wrap hosted by Paige Estritori, two key issues are discussed. The first is a landmark reform in Australia to reduce gender superannuation gap by making superannuation payable on Commonwealth Paid Parental Leave, a measure that could reduce the gap by 25%. This change may benefit over 200,000 Australian mothers annually, although regional disparities persist....

On this episode of Financial Services Online, Paige Estritori covers important superannuation matters. Notably, a policy reform will reduce Australia's gender superannuation gap by 25%, thanks to the Commonwealth Paid Parental Leave being payable as superannuation, potentially increasing the retirement savings of 200,000 Australian mothers annually. Conversely, regional differences remain, with We...

In this episode, Paige Estritori discusses significant movements in superannuation, focusing on reducing the gender super gap in Australia and controversies around self-managed super funds (SMSFs). Landmark reforms to offer super on Commonwealth Paid Parental Leave are expected to reduce the super gap by 25%, although disparities still exist. The Super Members Council urges further reforms to impr...

In this week's financial podcast, Paige Estritori discusses key superannuation topics including the 30th June financial year end, changes to contribution rules and the upcoming superannuation guarantee rate increase to 12%. Important tips include high-income earners submitting contributions early to maximize tax benefits and the new option for couples to transfer up to 85% of concessional contribu...

In this episode, Paige Estritori covers key superannuation topics. The Australian Financial Complaints Authority (AFCA) has clarified the classification of self-managed super funds (SMSFs), specifying a $10 million asset requirement for a fund to be classified as a wholesale investor. On the other note, as the financial year draws to a close, Estritori underlines the importance of timely superannu...

On this week's episode of Financial Services Online's Weekly Superannuation News Wrap, we delve into critical updates in Australia's superannuation sphere. We first address the Australian Financial Complaints Authority's revision of who qualifies as a retail or wholesale investor in self-managed super funds (SMSFs). The importance of early contributions, especially given the soon-to-rise superannu...

This week's superannuation news with Paige Estritori covers important developments in Australia. Topics include the classification of self-managed super funds and its impact on complaint eligibility; advice for high-income earners regarding superannuation contributions, timing, and spouse contribution splitting; criticism over the role of the Australian Prudential Regulation Authority in board app...

In this episode of the Weekly Superannuation News Wrap, Paige Estritori covers key topics like the approaching end of the financial year and the importance of understanding rules around superannuation contributions. She also discusses the potential tax benefits for employers and individuals, and changes to the superannuation guarantee rate on July 1. Controversies around APRA's role in board membe...

In this weekly Superannuation News Wrap, Paige Estritori discusses multiple issues including urgent advice to high-income Australians to get their super contributions in before the end of the financial year, particularly in light of an increase in the superannuation guarantee rate. Discussion about the role of the Australian Prudential Regulation Authority (APRA) in financial institution board app...

In this week's Superannuation News Wrap, Paige Estritori discusses the ongoing scrutiny around APRA's proposed role in board appointments. CPA Australia and CA ANZ raise concerns about APRA's potential veto power, advocating for consultative rather than mandatory roles. Next, Paige covers the tense debate around potential tax amendments on super balances exceeding $3 million, a move viewed as pote...

In this week's episode of the Weekly Superannuation News Wrap, the discussion centers around new policy amendments impacting Australia's superannuation sector. Proposed laws aim to tax unrealized capital gains on superannuation balances over $3 million, affecting around 80,000 Australians and potentially influencing wealth transfer plans, but critics argue that it could disrupt the industry. The S...