This episode of Financial Services Online's Weekly Superannuation News Wrap discusses several developments in the Australian superannuation industry. There's talk of a crucial legal amendment by the Federal Government to improve flexibility and make super accounts 'stickier', empowering users to switch funds and consolidate accounts easily. The Australian Prudential Regulation Authority's updated heat maps provide visuals to understand fund performances. MetLife Australia expanded consumer services, offering faster claim processing times. AGL introduces a superannuation comparison service, marking the first for a major Australian energy company, a move predicted to have a transformative effect on the industry. Also, the Super Guarantee rate is set to increase, benefitting workers nationwide with better retirement earnings. Visit financialservicesonline.com.au for more details.

Ver todos los episodios