Fri, 18th Apr 2025

In this week's Superannuation News Wrap, Paige Estritori discusses several critical stories around Australian superannuation funds. Highlighted are recent cyberattacks on major super funds stressing the need for better cybersecurity and data protection. Ahead of the federal election, industry groups demand a bipartisan financial policy framework focusing on issues like Compensation Scheme of Last Resort, tax on unrealised capital gains, policy stability and better utility of superannuation investments. Furthermore, Centrepoint Alliance's recent acquisition of Brighter Super's advice review business demonstrates influential industry movements. Finally, key accounting organizations, including CPA Australia and Chartered Accountants ANZ, advocate for harmonizing rules between the Australian Taxation Office and the Australian Prudential Regulation Authority, particularly in pension regulation to ensure fair treatment when minimum payment obligations aren't met.n