Thu, 10th Jul 2025

The latest Weekly Superannuation News Wrap covers key matters in Australian financial planning, including a proposal by James O'Reilly of Northeast Wealth for financial advisors to access to the Australian Taxation Office portal, potentially streamlining EOFY processes. The podcast also discusses a report from Aware Super advising against shifting superannuation funds to cash in market downturns, emphasizing a diversified, long-term strategy. The news then highlights a landmark decision in the Payday Superannuation industry, where MUFG Retirement Solutions and WrKr Ltd have been given a mandate by AustralianSuper to create a digital platform. Another key point is AMP facing a class action lawsuit over alleged excessive premiums. Lastly, financial advisers are preparing to deal with a potential 15% tax on superannuation earnings over three million dollars and ongoing aged care reform delays amidst economic uncertainties.n