Tue, 4th Nov 2025

In this episode of the Weekly Superannuation News Wrap, Paige Estritori discusses the latest developments in Australian superannuation. The focus is on Netwealth's plea for government intervention after the collapse of the First Guardian Master Fund, which affected approximately 11,000 investors leading potentially to a loss of $101 million. Netwealth is pursuing recoveries via liquidators and remains compliant with ongoing ASIC investigations on funds misuse. The episode also highlights a study by Apt Wealth Partners demonstrating a substantial estate planning gap among Australian retirees, with only 17% educating beneficiaries on inheritance management. Despite financial security, an estimated $3.5 trillion wealth transfer risks disputes and mishaps. Apt Wealth's CEO advocates for life-aligned advice and education for beneficiaries. Stay updated at financialservicesonline.com.au.n