Wed, 1st May 2024

In this week's podcast, Paige Estritori covers several important developments in Australia's superannuation industry. First, she discusses the Federal Government's revised First Home Super Saver Scheme designed to aid first-time homeowners, allowing couples to save up to $100,000 of pre-taxed income in superannuation funds. Next, she talks about UniSuper's switch to MetLife Insurance from TAL to better serve members by leveraging MetLife's technological strengths and customer-centric approach. Lastly, she examines the new $3 million superannuation cap set by the Federal Treasury, which has caused confusion due to lack of details about long-term impact. Including warnings that half a million Australians could be affected without inflation adjustments. For more information, listeners are encouraged to visit the Financial Services Online website.n