In this week's Superannuation News Wrap, the Australian Prudential Regulation Authority reports an unprecedented $3 billion surge in Australian superannuation funds in Q2, hinting at further growth. Leading provider AMP Limited has also surpassed expectations with a 4.5% rise in average account balances. Meanwhile, debate continues around compulsory superannuation contribution rate hikes, with opponents suggesting they may impact wage increases. Super-funded Future Super collaborates with Greening Australia to invest in renewable energy and sustainability. Overseas interest in Australias superannuation investment strategies continues to grow, particularly in the UK and Canada. Finally, the upcoming launch of SuperSavvy promises to boost user engagement and financial literacy, providing Australians greater control over their super savings.n

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