Fri, 3rd Jan 2025 - Superannuation News Wrap

What this episode covers

In this weekly Superannuation News Wrap, Paige Estritori covers updates from the Australian superannuation industry. AMP, in an exciting move, has allocated a small portion of its portfolio to Bitcoin, signalling the increasing recognition of cryptocurrencies as potential future investments. Additionally, NESS Super, catering to the electrical services industry, has partnered with Otivo's technology platform to provide personal, affordable financial advice to its 13,000 members. Lastly, she reports on the positive performance of superannuation funds, with a surge in returns powered by recent market optimism. Predicted returns from growth funds are anticipated to rise by 11% in 2024, representing the successful balance of risk and reward in a dynamic market.

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This episode was published on January 2, 2025.

What is this episode about?

In this weekly Superannuation News Wrap, Paige Estritori covers updates from the Australian superannuation industry. AMP, in an exciting move, has allocated a small portion of its portfolio to Bitcoin, signalling the increasing recognition of...

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