EPISODE · Dec 16, 2024
Tue, 17th Dec 2024
from Superannuation News Wrap · host Paige Estritori
This weeks Financial Services Online podcast, hosted by Paige Estritori, covers key developments in Australian superannuation. Tania Lawrence of the West Australian Labor Party raises concerns over superannuation funds potentially overcharging for their services. As a response to the scrutiny, the Australian Prudential Regulation Authority and industry players are pushing for greater transparency and accuracy. Colonial First State, partnering with AIA Australia, leads this shift by offering reduced premiums and health programs for its members. Younger Australians show increasing commitment towards planning their financial future, using tools like Super Projection Calculator to increase financial literacy. Tech company, Morningstar, collaborates with SuperAPI to modernise employer superannuation processes. Lastly, a promising 11.4% return and a surge in total super fund balances to $4 trillion mark a strong year for the superannuation industry.n
What this episode covers
This weeks Financial Services Online podcast, hosted by Paige Estritori, covers key developments in Australian superannuation. Tania Lawrence of the West Australian Labor Party raises concerns over superannuation funds potentially overcharging for their services. As a response to the scrutiny, the Australian Prudential Regulation Authority and industry players are pushing for greater transparency and accuracy. Colonial First State, partnering with AIA Australia, leads this shift by offering reduced premiums and health programs for its members. Younger Australians show increasing commitment towards planning their financial future, using tools like Super Projection Calculator to increase financial literacy. Tech company, Morningstar, collaborates with SuperAPI to modernise employer superannuation processes. Lastly, a promising 11.4% return and a surge in total super fund balances to $4 trillion mark a strong year for the superannuation industry.n
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Tue, 17th Dec 2024
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