Tue, 26th Nov 2024

In this episode of Financial Services Online's Weekly Superannuation News Wrap, host Paige Estritori discusses APRA's intensified oversight of asset management within the superannuation sector following issues at HESTA. APRA's survey highlighted issues with asset revaluations, prompting a focus on improving fund management, transparency, and governance. Also reported are Treasurer Jim Chalmers' proposed superannuation reforms aimed at better catering to retirees, with regulation changes allowing super funds to introduce new financial products and increased retiree drawdowns. Digital investment platform, Stockspot has partnered with DASH to launch a transparent financial planning platform, Stockspot Super. The episode concludes with the news of CareSuper's potential collaboration with MIESF, an opportunity to increase asset strength following successful merger with Spirit Super.n