In this week's episode of the Weekly Superannuation News Wrap, we discuss reforms in superannuation tax concessions, the launch of the Progressive Super Surcharge by Wilson Asset Management, Telstra Super's potential merger with Aware Super, and proposals for changes in performance test regulations. Crucial conversations are focusing on the unfair advantage of high-income earners because of current tax benefits. The innovative Progressive Super Surcharge, which could yield up to $2.43 billion in revenue, could be a solution by modernizing and ensuring fair tax distribution. Meanwhile, Telstra Super and Aware Super's proposed merger aims to manage assets worth $228 billion and serve 1.3 million members. Superannuation funds are also pushing for performance test regulations to include strategic investments. These reformative discussions look to drive equitable and sustainable updates to Australia's superannuation system. The podcast wraps up with updates around Australia's financial wellness.