Tue, 27th May 2025

This podcast covers key developments in the Australian superannuation industry. High-profile executives have expressed a need for regulatory simplification due to the burden of compliance. HESTA, a major superannuation fund, faced criticism caused by a six-week disruption due to transition from MUFG to Grow Inc., while a new portal is expected to address this issue. Additionally, Michael Clancy, former CEO of Qantas Super, has been appointed as Chief Investment Officer at Rest, bringing strategic guidance for investment growth. The podcast also highlights concerns over the wealth management sector due to an ageing population, with a focus on scalable financial advice. Lastly, the Australian Prudential Regulation Authority has provided updates about managed accounts, reaffirming their commitment to protecting members' financial interests.n