Superannuation News Wrap

In this episode of the Weekly Superannuation News Wrap, Paige Estritori shares updates about UniSuper's collaboration with Ignition Advice to launch a digital advice platform, aimed at the “missing middle” with personal financial guidance regarding superannuation, insurance, and retirement strategies. The platform supports direct execution of advice and fosters accessibility to financial consultat...

The Weekly Superannuation News Wrap discusses entering a new digital era in the Superannuation industry in Australia. UniSuper, Australia's fourth largest super fund, launched a digital advice platform with tech innovators at Ignition Advice. This platform offers personalized financial guidance focusing on the "missing middle". Members can access advice on superannuation, insurance, and retirement...

In this edition of Weekly Superannuation News Wrap, Australia's UniSuper introduces a new digital advice platform developed with Ignition Advice, targeting the middle market segment. This platform will initially offer investment advice and gradually expand to include contributions and pension planning. A report by the Association of Super Funds of Australia shows six million previously uninsured A...

In this weekly superannuation news wrap, the launch of a new digital advice platform by UniSuper, Australia's fourth-largest super fund, is announced. Developed with Ignition Advice, this platform aims to fill the advice gap in financial literacy and accessibility. The platform offers tailored advice on superannuation, insurance, and retirement strategies, accessible via the MemberOnline portal, o...

This week's edition of Weekly Superannuation News Wrap, presented by Paige Estritori, covers Australia's superannuation industry stories, including UniSuper's digital advice platform launch in partnership with Ignition Advice for personalized financial guidance. The platform, currently offering investment advice, aims to expand into contributions and pension planning. The move has been praised for...

In this week's Superannuation News Wrap, Paige Estritori reports on the significant expansion in life insurance coverage through the Australian superannuation system as outlined in recent research by the Association of Super Funds of Australia - the coverage now covers 8.8 million Australians with life insurance and 8.1 million with total and permanent disability coverage. The discussion also turn...

In this week's Superannuation News Wrap, AustralianSuper has been fined $27 million for neglecting to protect over 90,000 members with multiple accounts, leading to a $69 million loss. Meanwhile, burgeoning living costs have forced many Australians to delay their retirement, with a shocking number of individuals doubting their ability to comfortably retire due to insufficient savings. The "Rethink...

In this week's episode of the Weekly Superannuation News Wrap, Paige Estritori discusses significant events in Australian superannuation. AustralianSuper, the largest Super Fund in the nation, has been fined $27 million over failing to protect interests of members with multiple accounts, causing a $69 million loss. Moreover, a rise in living costs is dispatching many Australians' retirement plans,...

In this episode, Paige Estritori of Financial Services Online unpacks the latest news impacting Australia's superannuation industry. She discusses AustralianSupers $27 million fine for account breaches affecting over 90,000 members and the impacts of soaring living costs forcing one in six Australians to postpone retirement. A 'Rethinking Retirement' report shows declining retiree confidence; howe...

On this episode of Financial Services Online's Weekly Superannuation News Wrap, Paige Estritori discusses the changing landscape of retirement in Australia due to the high cost of living. She highlights a concerning trend of Australians delaying retirement, with inadequate savings and rising living expenses largely to blame. Key findings from the "Rethinking Retirement" report show a decline in co...

In this episode of the Financial Services Online Weekly Superannuation News Wrap, we delve into the distressing issues faced by Australians looking at looming retirement. With increased living costs, retirement is becoming a luxury, causing many to delay their plans. A shocking 75% of retirees admit to struggling to cover essential costs based on their pension, in particular, affecting those witho...

In this week's Superannuation News Wrap, Paige Estritori outlines Australians' growing concerns around retirement due to rising living costs. Research reveals that 1 in every 6 Australians over 43 feel retirement is unaffordable, while confidence in a comfortable retirement is rapidly declining. However, Australians are increasingly utilizing financial planning services, which has been found to bo...

Paige Estritori discusses the troubling state of Australians' retirement confidence according to the Colonial First State's "Rethinking Retirement" report on this episode of Financial Services Online's Superannuation News Wrap. Rising living costs and underpayment issues have led to financial discomfort, causing the Super Members Council to propose reforms for superannuation payments. Despite thes...

This episode covers the latest news in the world of superannuation, including the commendable performance of Australia's super funds and key discussions at the Professional Planner Advice Policy Summit. As January 2025 saw a 2.2% surge in the median growth fund, bolstered by global shares performance, Tech challenges were noted from Chinese start-ups. Australian shares also saw impressive gains. P...

On this week's podcast, Paige Estritori of Financial Services Online discusses essential updates from Australia's superannuation industry. Local Super Funds kicked off 2025 positively, with January seeing a median growth fund increase by 2.2%. This is thanks to favorable performances from both domestic and international shares, with a remarkable 4.5% uptick in Australian shares. The industry's lea...

On this episode of Financial Services Online, Paige Estritori updates listeners on recent Australian superannuation industry news. In January 2025, the Australian median growth fund increased by 2.2%, buoyed by domestic and global shares which saw a 4.5% hike. Despite issues with emerging markets and rising Chinese startups, developed international shares still returned 3.4%. Superannuation leader...

In this episode of Financial Services Online's Weekly Superannuation News Wrap, Paige Estritori discusses recent events from the Australian superannuation landscape. The year kicked off brightly for Australian super funds. January presented a notable 2.2% surge in the median growth fund, driven by strong domestic and international share performance. However, the conversation shifted to serious con...

On this week's episode of Financial Services Online, we discuss the Australian superannuation scene. The recent rise in median growth of super funds is attributed to domestic and global share gains, especially from the U.S tech and European sectors. Super fund leaders emphasize the role of fund preservation, recommendation for increased contribution rates to 12%, and reassessment of investment str...

In this Weekly Superannuation News Wrap, Paige Estritori discusses key developments and challenges faced in Australia's superannuation sector. The year started positively with a rise in growth funds due to strong shares from Australia and abroad, despite struggles in emerging markets and minimal growth in bonds. Future superannuation strategies were under debate at the Professional Planner Advice...

In this episode of the Weekly Superannuation News Wrap, host Paige Estritori discusses significant developments within Australia's superannuation sector. The Senate Economics References Committee proposes changes such as barring superannuation funds from using members' capital to cover penalties and calls for independent directors on trustee boards. The Australian Prudential Regulation Authority (...

In this week's Financial Services Online Superannuation News Wrap, proposed reforms for Australia's superannuation sector are under discussion following the Senate Economics References Committee's third report. The changes might ban super funds from using member capital to pay fines, which has raised concerns about potential instability for profit-to-member funds. Meanwhile, the Australian Prudent...

In this weekly wrap of Australian superannuation news, Paige Estritori discusses key issues. The proposed $3 million superannuation tax cap legislation faced opposition in the Senate, with Tasmanian independent Senator Tammy Tyrrell arguing it could unfairly impact Australians and calling for simpler tax reform. Delays in super payments, particularly moving from quarterly to payday contributions,...

In this week's podcast, Paige Estritori discusses two key issues within the superannuation industry. First, the need for reform for super payment schedules; delayed actions in this regard have resulted in substantial financial losses for Australian workers amounting to billions of dollars in potential savings. There is hopeful anticipation for the introduction of payday super contributions by mid-...

This episode of Financial Services Online's podcast, hosted by Paige Estritori, emphasizes the urgency of superannuation payment reforms in Australia and the financial risks posed by the current delay in shifting to payday contributions. The episode highlights the potential loss of billions of dollars for Australians due to the gap in reform implementation. The voices of Super Members Council, ind...

This week's Superannuation News Wrap with Paige Estritori explores Australia's financial challenges stemming from delays in superannuation payment schedule reforms, resulting in significant financial losses for the workforce. The discussed reform involves a shift from quarterly to payday super contributions, due by mid-2026, to help combat these losses. Meanwhile, Artificial Intelligence is sugges...