Sun, 30th Jun 2024

This episode of the Weekly Superannuation News Wrap with Paige Estritori addresses key developments in the superannuation sector. Discussion covers the growing performance gap between indexed and actively managed funds, with Stockspot CEO, Chris Brycki, criticizing actively managed funds' high fees and advocating for indexed funds. Additionally, the episode covers the impact of Financial Institutions Supervisory Levies on small superannuation funds, causing increased costs for their members. The innovative Build-to-Rent-to-Own initiative by AustralianSuper is also highlighted, with plans to provide affordable housing options across multiple sites. Lastly, there's a reminder for Self-Managed Super Funds to meet their minimum pension payment requirements by the end of the financial year to maintain tax benefits.