Sat, 7th Jun 2025 - Superannuation News Wrap

What this episode covers

This week's Superannuation News Wrap with Paige Estritori, presented by Financial Services Online Australia, discusses significant developments in the nation's superannuation landscape. The Delivering Better Financial Outcomes reforms (Tranche 2) seek to transform super fund trustees from product-centric entities into service providers, aimed at optimising the retirement outcomes of Australia's growing retiree population. The episode also highlights a Colonial First State report revealing a high demand (82% of those surveyed) for improved access to financial advice. It touches upon a newly released guide urging a rethink of conventional fee structures in line with TD 2024/7, the ATO's latest determination. Further, it introduces proposals for superannuation tax reforms, including potential increases in super earning taxes over $3 million. Lastly, it underscores the surprising finding from CFS Superannuation about one in ten Australians being unaware that advice fees can be covered from their super accounts.

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This episode was published on June 6, 2025.

What is this episode about?

This week's Superannuation News Wrap with Paige Estritori, presented by Financial Services Online Australia, discusses significant developments in the nation's superannuation landscape. The Delivering Better Financial Outcomes reforms (Tranche 2)...

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