Tue, 2nd Apr 2024

On this episode of the Weekly Superannuation News Wrap, Paige Estritori discusses Aware Super's innovative strategy to address the gender superannuation gap through socially responsible investments, like their key worker affordable housing programme. The Financial Services Council has also been highlighted for advocating changes to the current system of financial advisory services, aiming to make financial advice more accessible for Australians by removing procedural impediments. The episode concludes with APRA's announcement of new precautionary measures in light of the rapid growth of superannuation funds in Australia. Their plans include rigorous stress tests on the financial system and strategic plans to manage risks associated with climate change.n