Sat, 6th Sep 2025

In this episode of Weekly Superannuation News Wrap, topics included AustralianSuper CEO Paul Schroder's push for urgent pension system reforms, particularly aimed at reducing inequalities and streamlining accounts management. Schroder emphasizes the importance of domestic investment, caution against overreliance on super funds, and urges a comprehensive overall review of the pension scheme for economic security. Allianz Retire+s Justine Marquet discusses the need for educated transition from assets to stable income for retirees, despite Australia's high-ranking in the Global Pension Index. The Australian Securities and Investments Commission (ASIC) targets Equity Trustees Superannuation Limited in a precedent-setting case focusing on $130 million investor loss through inadequate due diligence. Lastly, Your Future Your Super performance test is criticised for failing seven trustee-directed products, leading to calls for a more reflective industry benchmark.n