Mon, 10th Mar 2025

In this episode of the Weekly Superannuation News Wrap, Paige Estritori shares updates about UniSuper's collaboration with Ignition Advice to launch a digital advice platform, aimed at the “missing middle” with personal financial guidance regarding superannuation, insurance, and retirement strategies. The platform supports direct execution of advice and fosters accessibility to financial consultation, mirroring similar recent digitisation efforts by AMP and Colonial First State. Also discussed, a report by the Association of Super Funds of Australia indicates life insurance coverage via superannuation has increased, protecting six million more Australians. This has brought about positive social and economic effects without negatively impacting household expenses. As of last year, death benefits amounted to $1.7 billion and total and permanent disability payments reached $3 billion.n