Every week, join Paige Estritori for the Superannuation News Wrap, where we delve into the latest developments in the Australian Superannuation industry
Through meticulous research and analysis, we bring you original articles on the most significant news items from the past week, carefully curated for Australian business and personal consumers
Our podcast distills the essence of complex superannuation updates into digestible summaries, highlighting the information that matters most to you
Whether you\'re planning for retirement, managing your super fund, or simply keen to stay informed on superannuation trends, the Superannuation News Wrap is your go-to source for insightful, relevant, and up-to-date superannuation news.
Welcome to Our News Podcasts! Dive into the latest episode from any of our 5 podcasts ... or explore our archive for topics that interest you.
In this episode of the Weekly Superannuation News Wrap, Paige Estritori discusses major developments in the Australian superannuation industry
A significant issue is the increase in taxable accounts holding retirement savings, which has cost retirees over $302 billion due to unnecessary tax burdens
This has led to increased calls for actions to improve financial literacy
Additionally, the government is looking to address service delays in the superannuation sector by instituting mandatory service standards
Issues with Cbus, a major super fund, and AustralianSuper's implementation of a $4.2-million compensation program for delayed claims have highlighted the need for such measures
The episode ends with public consultation on these mandatory standards to restore trust and improve outcomes for members.n
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