Sat, 3rd Aug 2024 - Superannuation News Wrap

What this episode covers

This podcast from Financial Services Online covers the Weekly Superannuation News Wrap for Saturday, August 3rd, 2024. The episode highlights three significant occurrences in the world of superannuation: The introduction of FSC Standard No 29 by the FSC, designed to amplify consumer protection in the superannuation sector; the introduction of new audit reporting obligations for superannuation funds; and a heated debate on the validity of group insurance. Industry leaders have shown commitment to comply with the new protective measure, which seeks to guard over 3.5 trillion dollars in retirement savings by 2026 while new reporting responsibilities aim to boost transparency. The discussion on group insurance validity centres around Senator Andrew Bragg's controversial comments and reflects the considerable weight of diverse super policy considerations.n

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This episode was published on August 2, 2024.

What is this episode about?

This podcast from Financial Services Online covers the Weekly Superannuation News Wrap for Saturday, August 3rd, 2024. The episode highlights three significant occurrences in the world of superannuation: The introduction of FSC Standard No 29 by the...

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