Sun, 8th Jun 2025 - Superannuation News Wrap

What this episode covers

In the latest Financial Services Online Weekly Superannuation News Wrap, we covered key developments in Australian superannuation - including the Delivering Better Financial Outcomes reforms initiative allowing super fund trustees to provide financial advice to the rising retiring population, amidst some criticism. We also discussed the joint guide by notable financial associations, aiming at streamlining tax-deductibility of advice fees. Treasurer Jim Chalmers announced super tax amendments, aiming to raise the tax rate for super earnings over $3 million. Lastly, research indicates a lack of awareness among Australians about using super to cover advice fees and a strong demand for better access to financial advice. Stay tuned for more on these and more developments.

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This episode was published on June 7, 2025.

What is this episode about?

In the latest Financial Services Online Weekly Superannuation News Wrap, we covered key developments in Australian superannuation - including the Delivering Better Financial Outcomes reforms initiative allowing super fund trustees to provide...

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