Tue, 12th Mar 2024

In this week's episode of Financial Services Online's Weekly Superannuation News Wrap, host Paige Estritori discusses key industry updates. The episode brings into focus concerns about cyber incident reporting for superannuation funds, with firms seeking clearer guidelines from the Australian Prudential Regulation Authority. The gender gap in retirement savings has narrowed thanks to policy reforms and work from Self-Managed Superannuation Funds. Additionally, the show highlights concerns about superannuation policies potentially inflating house prices, with a capital gains tax at retirement suggested as a possible solution. The episode also examines the boost in superannuation contributions driven by volatile housing market shifts, and tax implications for inherited super. Professional advice for handling taxation complexities is strongly recommended. Stay updated on superannuation news at financialservicesonline.com.au.