On Wednesday, Future Fund CEO Raphael Arndt announced he would be stepping down from the role. Investment Magazine journalists examine what the change will mean for Australia’s sovereign wealth fund and what its leadership might look like amidst a wider changing of the guard. Meanwhile, ASIC is worried about the “first significant cracks” in Australian private credit and APRA has released the latest YFYS performance test results – with one notable failure.

Hosted by Investment Magazine editor Lachlan Maddock, joined by Retirement Magazine editor Simon Hoyle and APAC correspondent Darcy Song. Join the conversation every Friday.

Welcome to the pilot episode of On Background, a new weekly series from Investment Magazine where our experienced team of journalists take you behind the news and digs into the context behind the biggest stories shaping the superannuation industry.

On Wednesday, Minister for Financial Services Daniel Mulino delivered a speech at the National Press Club that confirmed the ability of APRA-regulated super funds to deliver personalised and relevant guidance and financial advice to members, as the government sought to revive the Delivering Better Financial Outcomes reforms. Investment Magazine journalists report from Canberra on what was said and how it's landing. Meanwhile, APRA is cracking down on funds over cyber security and geopolitical risk frameworks.

Hosted by Investment Magazine editor Lachlan Maddock, joined by Retirement Magazine editor Simon Hoyle and APAC correspondent Darcy Song. Join the conversation every Friday.