EPISODE · Dec 5, 2024
Fri, 6th Dec 2024
from Superannuation News Wrap · host Paige Estritori
In this episode of the Superannuation News Wrap, Paige Estritori discusses key updates in the Australian superannuation industry. The podcast highlights the need for more accountability for underperforming choice products, with ASIC urging advisors to monitor underperformance carefully, promoting rigorous governance. Estritori also celebrates a milestone for the sector, as Australian superannuation assets hit $4 trillion, showing Australia's potential to influence global strategies for pension funds. Additionally, the podcast covers the recent superannuation reform related to the housing market. With the introduction of the Superannuation (Objective) Bill 2023, governmental focus remains on the sectors role in retirement income. The new law has broad support, including non-profits and Insignia Financial, as it urges quicker access to financial advice but warns against undermining superannuation's preservation.
What this episode covers
In this episode of the Superannuation News Wrap, Paige Estritori discusses key updates in the Australian superannuation industry. The podcast highlights the need for more accountability for underperforming choice products, with ASIC urging advisors to monitor underperformance carefully, promoting rigorous governance. Estritori also celebrates a milestone for the sector, as Australian superannuation assets hit $4 trillion, showing Australia's potential to influence global strategies for pension funds. Additionally, the podcast covers the recent superannuation reform related to the housing market. With the introduction of the Superannuation (Objective) Bill 2023, governmental focus remains on the sectors role in retirement income. The new law has broad support, including non-profits and Insignia Financial, as it urges quicker access to financial advice but warns against undermining superannuation's preservation.
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Fri, 6th Dec 2024
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