Sun, 4th May 2025

In this podcast, Paige Estritori discusses important happenings in the superannuation sector in Australia. Key points include the Federal Court's penalty of $11 million on DOD Bookkeeping for breach of conficted remuneration regulations, ASIC's renewed focus on regulatory standards for Self Managed Super Funds, and the appointment of Leigh Gavin as new Chief Investment Officer for Cbus. Debates over the proposed tax on unrealised capital gains for super balances over $3 million are also highlighted, along with report 806 from ASIC revealing significant shortcomings amongst superannuation trustees impacting death benefit claims, suggesting the need for reform and stronger oversight. These updates underline a transformative period for the superannuation industry in Australia.