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Episode Synopsis
This episode of the Weekly Superannuation News Wrap delves into the recent and prominent topics shaping Australia's superannuation industry. We highlight the regulatory adjustments to make superannuation plans more streamlined and protective of smaller/inactive accounts against fee depletion. We discuss a major superannuant's plans to expand offerings, potentially diversifying retiree portfolios. The spotlight is shone on the rise in ethical investments that avoid environmentally damaging sectors, coupled with the industry's turn towards fostering a greener economy, and how these bode well for the future of super funds. Competition within the industry is rising, with numerous super funds showcasing above-average returns. The growing participation of women in managing their supers is investigated, and we remind our listeners to engage with our services to stay abreast with the dynamic superannuation landscape. Tune in again next week for more key updates.n
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