EPISODE · Dec 12, 2024
Fri, 13th Dec 2024
from Superannuation News Wrap · host Paige Estritori
In this week's episode of Superannuation News Wrap, there's a focus on Australia's youth and their increased interest in superannuation planning amidst high living costs, with a strong engagement in financial educational tools. We also speak of a partnership between Morningstar and Melbourne's SuperAPI, integrating Morningstar's analytics into SuperAPI's platform for improved efficiency and knowledge in default fund selection. Key highlights include exceptional performance in the superannuation sector in 2024 and a proposed 10% flat tax on large withdrawals to ensure retirees maintain steady income streams. Lastly, we touch on the urgent need for performance assessment standards in the managed accounts sector to avoid potential regulatory scrutiny and client mistrust.
What this episode covers
In this week's episode of Superannuation News Wrap, there's a focus on Australia's youth and their increased interest in superannuation planning amidst high living costs, with a strong engagement in financial educational tools. We also speak of a partnership between Morningstar and Melbourne's SuperAPI, integrating Morningstar's analytics into SuperAPI's platform for improved efficiency and knowledge in default fund selection. Key highlights include exceptional performance in the superannuation sector in 2024 and a proposed 10% flat tax on large withdrawals to ensure retirees maintain steady income streams. Lastly, we touch on the urgent need for performance assessment standards in the managed accounts sector to avoid potential regulatory scrutiny and client mistrust.
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Fri, 13th Dec 2024
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