In this episode of the Weekly Superannuation News Wrap, Paige Estritori discusses significant developments in the Australian superannuation industry. She covers the Australian Securities and Investment Commission's (ASIC) augmented surveillance measures which aim to ensure the protection of fund members during marked financial volatility. ASIC's review of superannuation performance benchmarking has sparked a reaction, with proposed changes possibly pushing lower-performing funds into the limelight. The government is considering changes to superannuation legislations including potentially raising the Superannuation Guarantee rate to 12%. A downturn in the property market has led to some industry giants considering changes to their investment strategies. Lastly, as end of month approaches, Estritori encourages listeners to assess their super funds performance, visit their website for resources to optimize super investments, and consider seeking professional advice.

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