The impact of the Government’s Budget decisions will be canvassed by the Federal Opposition spokesman on Financial Services, Senator Katy Gallagher, at next Thursday’s Super Review Future of Super event in Sydney.
Gallagher will be joining with Financial Services Council (FSC) chief executive, Sally Loane and Australian Institute of Superannuation Trustees (AIST) chief executive, Eva Scheerlinck to discuss the superannuation policy landscape and the implications of the Budget decisions.
One of the key issues under debate will be whether it is actually wise to utilise the superannuation mechanisms to deliver the first home super savers scheme – something which has gained only conditional acceptance from the industry funds.
Also giving their views on the outlook and the progress with respect to insurance inside superannuation will be TAL chief executive, Brett Clarke and AIA chief executive, Damien Mu.
Discussion at the Future of Super conference will be taking place at the same time as the Government seeks to pursue its Budget changes through the Parliament.
Tickets are still available here.
Vanguard Super has reported strong returns across most of its investment options, attributed to a “low-cost, index-based approach”.
The fund has achieved double-digit returns amid market volatility, reinforcing the value of long-term investment strategies for its members.
Australian super funds notched a third consecutive year of strong returns, with the median balanced option delivering an estimated 10.1 per cent over the 2024-25 financial year, but an economist has warned that the rally may be harder to sustain as key risks gather pace.
AustralianSuper has reported a 9.52 per cent return for its Balanced super option for the 2024–25 financial year, as markets delivered another year of strong performance despite the complex investing environment.