Tue, 29th Jul 2025 - Superannuation News Wrap

What this episode covers

On this episode of Financial Services Online's Weekly Superannuation News Wrap, Cbus CEO, Kristian Fok, discusses operational issues around death benefits and TPD claims management, insisting internal amendments were underway before media attention. They've compensated affected members and digitized customer service in partnership with MUFG. Despite organizational changes, Cbus is enhancing member service with advanced technology. Chartered Accountants ANZ urges the ATO to include self-managed superannuation fund trustees in their Vulnerability Framework. Vanguards study suggests a slight shift of savings into capital markets could uplift the retail investment sector. Meanwhile, older Australians prioritize preserving superannuation for retirement. Finally, Insignia Financial's MLC, alongside TAL and Challenger, will introduce the innovative Retirement Boost product on the MLC Expand platform to enhance superannuation potential.

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This episode was published on July 28, 2025.

What is this episode about?

On this episode of Financial Services Online's Weekly Superannuation News Wrap, Cbus CEO, Kristian Fok, discusses operational issues around death benefits and TPD claims management, insisting internal amendments were underway before media attention....

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