Wed, 7th May 2025

In this week's Superannuation News Wrap hosted by Paige Estritori of Financial Services Online, topics include an alarming rise in APRA levy charges on superannuation funds, impacting members' administration fees and potentially stifling market growth. The episode highlights an ongoing call for a fairer levy structure due to the substantial difference in costs absorbed by smaller and larger funds. Noteworthy personnel news features the departure of Damian Graham from Aware Super, and the appointment of Leigh Gavin and Matt Kempton at Cbus. Also discussed is the legal penalty of DOD Bookkeeping for violating remuneration rules and the potential harm to market competition. Stay updated on all superannuation industry developments with Financial Services Online.