Wed, 21st Aug 2024

On August 21, 2024, host Paige Estritori covered the most important Superannuation news on the Financial Services Online podcast. Major topics included a strategic alliance between Transmit Security and Wrkr aimed at protecting Australia's superannuation funds from cyber threats, following recent breaches. The Retirement Conference in Canberra highlighted the need for funds to align with insurers to fulfill Retirement Income Covenant obligations. The launch of the "Retirement Magazine" by Conexus Financial was also announced, which seeks to merge research, journalism, and industry insights around retirement strategies. Lastly, the podcast reiterated APRA deputy chair Margaret Cole's urgency for Australia's large Superannuation funds to meet their Retirement Income Covenant obligations, especially for mid-income earners relying heavily on super funds for retirement.n