Thu, 24th Jul 2025

This episode features crucial updates in Australia's superannuation sector. Notably, Insignia Financial's MLC, insurer TAL, and wealth group Challenger have teamed up to innovate retirement income management with MLCs Retirement Boost, a digital advice product. AMP has marked a significant bounce back, reporting positive net inflows into its superannuation funds for the first time since 2017, largely thanks to its new digital advice services and AMP Lifetime Super rollout. Super Consumers Australia has proposed a review of group insurance policies by the Productivity Commission for better mental health-related claims service. Amid 2024-25's market volatility, balanced super funds with growth allocation of 60-70% showed resilience, with Raiz Super Moderately Aggressive fund topping returns. Meanwhile, AustralianSuper faced criticism for a $395-million investment in Whitehaven Coal, contradicting their net-zero promise. Despite challenges, the superfund industry displayed impressive resilience.