In this episode of Financial Services Online's Weekly Superannuation News Wrap, host Paige Estritori covers key stories from the sector. Topics include the contentious 12% Super Guarantee rate increase set for July, which some argue will negatively affect lower-income earners. In sustainable investment news, a report highlights a growth in super funds investing in green initiatives, promising long-term returns for eco-conscious fund members. The Australian Taxation Office also discusses concessional tax treatment for contributions, advising savers to assess their plans for optimal super tax concessions. Significant revisions to the Retirement Income Covenant are delayed to July 2023. Calls are growing for greater diversity in superannuation boards, aiming for improved financial literacy and safety. Lastly, in self-managed super funds, members are warned of the risks associated with investing in cryptocurrency due to the market's unpredictability.