Sat, 9th Nov 2024

In this week's episode of the 'Weekly Superannuation News Wrap', host Paige Estritori discusses key developments in Australia's superannuation sector. Senator Andrew Bragg proposed a reform aiming to integrate housing and retirement savings, suggesting potential use of super funds for housing and challenging the current system's preservation. In response to national security issues, the Association of Superannuation Funds of Australia asked for protection for super funds reporting cyber incidents and a revision of tax concessions benefiting high-earning individuals. Super funds are also cautious of potential infringement of privacy due to loosely defined laws on regulatory enforcement. Lastly, veteran Bernie Dean has been welcomed as the new Chief Strategy Officer of Cbus. Stay up-to-date with more superannuation insights every Saturday.n