Sat, 23rd Mar 2024

In this week's episode, Paige Estritori discusses superannuation sector developments, observing a strong 9% growth in growth funds over four months. Paige attributes this growth to international shares successes, particularly in developed and emerging markets led by China. Despite a humble 1% rise in the Australian sector, developing a diversified investment approach for future security is emphasized. There's an industry focus on the creation of user-friendly climate reporting guidelines. Paired with this, there's a spotlight on AustralianSuper and TAL's collaborative product, 'income for life', aiming to provide consistent income and potential age pension benefits. Attention is also drawn to a boost in Generation X and Millennials representatives seeking expert advice via Self-managed Superannuation Funds (SMSFs). Finally, the podcast highlights increased awareness about ethical investing among Australians post 'greenwashing,' granting significance to sectors such as animal cruelty, human rights abuses, gambling, and tobacco.