EPISODE · Jun 11, 2024 · 3 MIN
Wed, 12th Jun 2024
from Superannuation News Wrap · host Paige Estritori
In this edition of Weekly Superannuation News Wrap, host Paige Estritori discusses unfavourable developments in the Australian superannuation landscape, including the persistent gender gap in retirement savings and upcoming changes in the financial advice sector. The podcast highlights how the current tax concession system favours the affluent and contributes to a loss in revenue. The conversation shifts to the small percentage of workers with significant super funds making worthwhile contributions and experts' calls to stop these concessions. On a positive note, the Federal Government has taken preliminary steps to tackle the superannuation gender gap. The podcast also delves into concerns rising in the financial advice sector due to upcoming changes to Dixon Advisorys membership with the Australian Financial Complaints Authority. The CEO of the SMSF Association and Financial Advice Association both call for government intervention and reevaluation to prevent costs falling on advisors and uphold stability in the industry.
What this episode covers
In this edition of Weekly Superannuation News Wrap, host Paige Estritori discusses unfavourable developments in the Australian superannuation landscape, including the persistent gender gap in retirement savings and upcoming changes in the financial advice sector. The podcast highlights how the current tax concession system favours the affluent and contributes to a loss in revenue. The conversation shifts to the small percentage of workers with significant super funds making worthwhile contributions and experts' calls to stop these concessions. On a positive note, the Federal Government has taken preliminary steps to tackle the superannuation gender gap. The podcast also delves into concerns rising in the financial advice sector due to upcoming changes to Dixon Advisorys membership with the Australian Financial Complaints Authority. The CEO of the SMSF Association and Financial Advice Association both call for government intervention and reevaluation to prevent costs falling on advisors and uphold stability in the industry.
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Wed, 12th Jun 2024
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