EPISODE · Oct 16, 2024
Thu, 17th Oct 2024
from Superannuation News Wrap · host Paige Estritori
In this episode of the Weekly Superannuation News Wrap, Paige Estritori covers major reforms affecting Australia's superannuation industry. The updates centre on changes aimed at enhancing the system's long-term sustainability, affecting how super funds operate and the growth of retirement savings. The superannuation guarantee charge has increased to 10%, marking the first rise in seven years. Self Managed Superannuation Funds have seen increased activity due to more lenient regulations, causing a rise in investment volume and diversity. Discussions surrounding superannuation and gender equality gain momentum, as the government faces pressure to address the significant super gap between genders. Lastly, the Australian Securities and Investments Commission emphasizes on the need for increased vigilance to mitigate superannuation scams. More details and regular updates can be found on the Financial Services Online website.
What this episode covers
In this episode of the Weekly Superannuation News Wrap, Paige Estritori covers major reforms affecting Australia's superannuation industry. The updates centre on changes aimed at enhancing the system's long-term sustainability, affecting how super funds operate and the growth of retirement savings. The superannuation guarantee charge has increased to 10%, marking the first rise in seven years. Self Managed Superannuation Funds have seen increased activity due to more lenient regulations, causing a rise in investment volume and diversity. Discussions surrounding superannuation and gender equality gain momentum, as the government faces pressure to address the significant super gap between genders. Lastly, the Australian Securities and Investments Commission emphasizes on the need for increased vigilance to mitigate superannuation scams. More details and regular updates can be found on the Financial Services Online website.
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Thu, 17th Oct 2024
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