# Welcome to 2026! Round up of Superannuation's 2025 Page: https://stenobird.com/podcast/that-super-show-7318065/welcome-to-2026-round-up-of-superannuation-s-2025 Text version: https://stenobird.com/podcast/that-super-show-7318065/welcome-to-2026-round-up-of-superannuation-s-2025.md Podcast: [That Super Show](https://stenobird.com/podcast/that-super-show-7318065) Published: 2026-01-07T23:00:00+00:00 Episode link: https://thatsuper.show Audio file: https://episodes.captivate.fm/episode/fce907a6-115a-440f-9b64-f3731223c6b0.mp3 Processing state: not_requested JSON: https://stenobird.com/v1/public/podcasts/that-super-show-7318065/episodes/welcome-to-2026-round-up-of-superannuation-s-2025 Duration seconds: 1453 ## Resource #16. Co-hosts Neil Benson and Sarah Penn return for the first episode of 2026 with a roundup of big news and trends in the superannuation industry. Highlights Holiday updates: Neil did some DIY renovations and Sarah struggled to find a builder, opting for travel instead. CSLR debate: Misha Schubert from the Super Members Council suggests SMSFs should pay for the Compensation Scheme of Last Resort, not industry fund members; both hosts agree she has a fair point. Managed investment schemes: Discussion of how APRA-regulated funds often use managed schemes and why strong investment governance is critical, especially in light of recent investment failures. Investment performance tests: Schubert’s call for performance tests on every super investment option prompts debate about the practicality versus potential benefits, with both hosts questioning the cost-benefit of such extensive reforms. Member engagement survey: SMC data shows younger, more educated members are much more engaged, but Neil and Sarah note the correlation is likely skewed by survey respondent bias and income/balance factors. Super fund branding and advertising: The hosts discuss the pros and cons of memorable ad campaigns, from hairy mascots to high-profile sports sponsorships, and examine their impact on fund awareness and acquisition. Third party administrator shakeup: Upcoming acquisition of Mercer’s admin business by Apex signals increased consolidation; the hosts express concerns over whether this will drive real improvements in service quality. Outsourcing vs. insourcing: Large funds may increasingly bring admin back in-house to manage cost and service quality, leading to more hybrid operating models. The “mechanistic vs. ecosystem” mindset: Sarah introduces insights from another podcast advocating f… ## Actions - request_transcript: `POST https://stenobird.com/v1/public/podcasts/that-super-show-7318065/episodes/welcome-to-2026-round-up-of-superannuation-s-2025/transcription-requests` — Idempotently request low-priority transcript generation for this episode. - read_markdown: `GET https://stenobird.com/podcast/that-super-show-7318065/welcome-to-2026-round-up-of-superannuation-s-2025.md` — Read the agent-friendly Markdown representation of this episode resource. A page view does not enqueue transcription. Agents should invoke `request_transcript` explicitly when they need this episode processed. ## Transcript Full transcripts are not published on public pages unless there is a clear rights basis.