Fri, 25th Jul 2025

In this week's Superannuation News Wrap, Paige Estritori discusses key updates from Cbus, an Australian superannuation fund. CEO Kristian Fok acknowledges service shortfalls concerning death benefits and TPD claims and assures remedies are in progress. There's a reshuffle in Cbus's executive team - with Deputy CEO Marianne Walker stepping down. The company, collaborating with TAL, MUFG, and others, to improve member services and integrate advanced technologies. Chartered Accountants ANZ proposes the ATO to broaden its Vulnerability Framework to include Self-Managed Superannuation Fund trustees. Vanguard suggests auto-enrolment in investment plans could boost Australia's retail investment sector. A survey reveals the preference of superannuation as a retirement fund among older Australians. Insignia Financial's MLC in alliance with TAL and Challenger launches a 'center of excellence' for retirement income management.n