Fri, 10th May 2024

In this episode of the Weekly Superannuation News Wrap, Paige Estritori discusses concerns about the Australian Federal Treasury's proposed superannuation tax cap of $3 million, fearing it could jeopardize the judicial system's neutrality and impact judges' retirement security. The Association of Superannuation Funds of Australia (ASFA) pleads for early access to possible changes to family law superannuation regulations, cautioning against hasty application and advocating for a 12-month transition period. Lastly, Australian superannuation firms, including the Australian Retirement Trust, are shifting away from thermal coal investments, aligning their strategies towards achieving net-zero emissions by 2050, reflecting the global push for clean energy.