From www.khq.com.au: ASIC has urged superannuation trustees to enhance their anti-scam measures following findings that none of the reviewed trustees had comprehensive strategies in place to combat scams.

APRA released new expenditure data for the superannuation industry, revealing a 15% increase in total spending to $12.7 billion for the 2023/24 financial year, along with detailed fund-level insurance information.

The Australian Government proposed mandatory service standards for superannuation funds, focusing on improved handling of death benefits and insurance claims.