Sun, 25th May 2025

In the May 25, 2025 episode of Financial Services Online's Weekly Superannuation News Wrap, host Paige Estritori reports on key movements in Australia's superannuation sector. Michael Clancy will soon take over as Chief Investment Officer at prominent super fund Rest, bringing his experience from Qantas Super and CFA Society Australia. Arnie Selvarajah of the Bell Financial Group discusses the challenges the wealth management sector faces with an ageing population and inadequate advice systems, and presents possible tech-driven solutions. The Australian Prudential Regulation Authority is expanding its performance tests, including managed accounts in superannuation. Shifts towards ETFs due to tax regulations and the taxing of unrealised capital gains raise concerns for younger Australians. Lastly, the possible refinements to ALP's controversial superannuation law post-election are discussed.n