Thu, 7th Aug 2025

In this week's episode, Paige Estritori of Financial Services Online discusses the ongoing shakeup in Australia's superannuation sector. Highlighting the Financial Services Council's (FSC) new acquisitions from the Association of Superannuation Funds of Australia (ASFA), we learn about the dynamic competition between these two bodies. There are also talks of potential mergers, notably between TelstraSuper and Aware Super that could lead to lower fees and higher member returns. The podcast also sheds light on Hesta's recent data indicating improved retirement savings for women due to superannuation reforms, while acknowledging the need for further changes. Lastly, the introduction of a new tax proposal named Progressive Super Surcharge and Tax Offset indicates potential benefits for Australia's superannuation system.