In this weekly Superannuation News Wrap, we cover the major developments in Australian superannuation. The superannuation standard contribution cap has been increased, enabling more Australians to save for retirement. Corporations are investing more in employee retirement funds, showing commitment to ensuring retirement comfort. The Australian Securities and Investments Commission (ASIC) is revising their oversight strategy to proactively detect and manage super funds' possible misconduct. An anticipated retirement study to reveal Australian's retirement habits and financial planning strategies is expected next month. A recent comparative study shows industry super funds outperforming retail super funds, prompting discussions about the superannuation industry's future direction. Keep up-to-date with Australia's superannuation trends by visiting FinancialServicesOnline.com.au.