Sun, 13th Jul 2025

On this week's Weekly Superannuation News Wrap, MS Pension and Market Services' new five-year partnership with Microsoft stood out as a potential game-changer in Australias financial services. By incorporating Microsofts AI technology, the duo aim to revolutionise services by automating core processes and shifting away from manual tasks. Numerous super funds are following suit in leveraging tech advancements to tackle upcoming government reforms. CareSuper and FNZ have introduced a Direct Investment Option platform while AMP Limited extended its digital advice services for uninterrupted investment counselling. Financial Planner, James O'Reilly advocated for adviser access in the Australian Taxation Office portal to enhance financial planning efficiency. Concerns were raised on the risk of switching super to cash amid market downturns. Furthermore, MUFG Retirement Solutions and WrKr Ltd's new mandate with AustralianSuper underscored the ongoing digital revolution in superannuation.