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Joe Longo’s Exits ASIC Exit, SMSF Risks, Div296 Delays and Aged Pension Asset Test Debate
Description
#8. Co-hosts Neil Benson and Sarah Penn discuss the latest news and events affecting Australia's superannuation sector.
Highlights
- Joe Longo is stepping down as chair of ASIC
- Macquarie Investment Management offers compensation to SMSF trustees who invested in Shield through its wrap platform
- The role of superannuation trustees in determining which investments are available to members and whether SMSF trustees should require a qualification
- The role of the Compensation Scheme of Last Resort in compensating clients of failed advisors
- Delays to Div296 legislation and the principal of taxing unrealised capital gains
- IFM Investments to close their private equity unit despite its track record of successful investments in growing mid-market Australian businesses
- Chant West, in collaboration with Bec Wilson, announces six funds have received their inaugural Epic Retirement Tick
- Will superannuation achieve its goal of relieving the burden on taxpayers to support Aged Pensions?
RESOURCES
- IFM Investors exits Australian PE strategy | Financial Standard
- The Epic Retirement Tick - Bec Wilson
- Government considers scrapping controversial aspects of Div 296 super tax | Accounting Times
- Macquarie admits Shield failings, will pay members $321m - ifa
- ASIC chair Joe Longo to step down in 2026 — Capital Brief
That Super Show
That Super Show is the most downloaded podcast for Australian superannuation professionals. Sarah and Neil cover the issues, debates and decisions shaping the industry - without the spin.
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Your Cohosts
Sarah Penn
Sarah Penn is the CEO and founder of Mayflower Consulting, an Australian financial services consultancy specialising in product governance, PDS management, and product operating model design. Her team works with super funds, fund managers, and investment platforms across Australia.
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Neil Benson
Neil Benson is the global chief product officer at ChandlerCX, where he leads a team focused on intelligent customer messaging for regulated organisations, incl