Mon, 3rd Jun 2024 episode artwork

EPISODE · Jun 2, 2024 · 2 MIN

Mon, 3rd Jun 2024

from Superannuation News Wrap · host Paige Estritori

This podcast from Financial Services Online offers an in-depth overview of the current superannuation trends impacting Australia. Key shifts include an unprecedented migration from industry funds to self-managed super funds (SMSFs), with outflows from industry funds having doubled since early 2022. In terms of market share, industry funds hold 34.9%, SMSFs have risen to 25%, with retail super funds at 20.3%. Larger losses from industry funds appear to be a key driver for this shift, with pension payouts having jumped significantly. A noteworthy trend highlighted in the Investment Trends 2024 Super Member Engagement Report is an unexpected spike in member engagement, particularly among wealthier members, pointing to a heightened focus on retirement planning. This analysis elucidates the evolving landscape of superannuation, and the factors affecting its growth and change.n

Episode metadata supplied by the publisher feed · Published Jun 2, 2024

This podcast from Financial Services Online offers an in-depth overview of the current superannuation trends impacting Australia. Key shifts include an unprecedented migration from industry funds to self-managed super funds (SMSFs), with outflows from industry funds having doubled since early 2022. In terms of market share, industry funds hold 34.9%, SMSFs have risen to 25%, with retail super funds at 20.3%. Larger losses from industry funds appear to be a key driver for this shift, with pension payouts having jumped significantly. A noteworthy trend highlighted in the Investment Trends 2024 Super Member Engagement Report is an unexpected spike in member engagement, particularly among wealthier members, pointing to a heightened focus on retirement planning. This analysis elucidates the evolving landscape of superannuation, and the factors affecting its growth and change.n

PodParley-generated summary based on available episode metadata and transcript content.

NOW PLAYING

Mon, 3rd Jun 2024

0:00 2:03

No transcript for this episode yet

We transcribe on demand. Request one and we'll notify you when it's ready — usually under 10 minutes.

Frequently Asked Questions

How long is this episode of Superannuation News Wrap?

This episode is 2 minutes long.

When was this Superannuation News Wrap episode published?

This episode was published on June 2, 2024.

What is this episode about?

This podcast from Financial Services Online offers an in-depth overview of the current superannuation trends impacting Australia. Key shifts include an unprecedented migration from industry funds to self-managed super funds (SMSFs), with outflows...

Can I download this Superannuation News Wrap episode?

Yes, you can download this episode by clicking the download button on the episode player, or subscribe to the podcast in your preferred podcast app for automatic downloads.
URL copied to clipboard!