Wed, 30th Jul 2025

In this podcast episode, Paige Estritori presents the weekly superannuation news on behalf of Financial Services Online. Discussion topics include the ongoing debate around substantial superannuation tax concession reforms in Australia, expected to counter revenue losses forecasted at $60 billion by 2024-25. Cbus CEO, Kristian Fok, addressed service failures and their ongoing efforts towards better customer service and digitization. Chartered Accountants Australia and New Zealand's request for ATO to extend its Vulnerability Framework to Self-Managed Superannuation Fund trustees is highlighted. The episode also covers Vanguard's projection of a surge in capital markets with a 10% redirection of savings, resulting in a potential $185 billion injection. Lastly, the importance of superannuation among older Australians, their preference for stronger net returns, and concerns over early access are discussed.