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Superannuation
Over 1.81 million superannuation members have been paid through the scheme, according to data from the Australian Prudential Regulation Authority. ...
Superannuation
Major consultancy KPMG is predicting a 60% decline in the number of superannuation funds, with industry funds consolidating faster than their retail counterparts. ...
Superannuation
Since the start of the scheme in April, 94% of payments were made within five business days, according to data. ...
Superannuation
Too many superannuation fund trustees have been looking for excuses not to merge rather than getting on with the process in the best interests of their members, according...
Superannuation
The number of members accessing super has been higher than what the Australian Prudential Regulation Authority had expected. ...
Superannuation
The Australian Prudential Regulation Authority has suggested that no one metric should be used to reject the MySuper status of superannuation funds but that persistently ...
Superannuation
Superannuation funds which want to merge should be able to find willing merger partners or should be considering their exit from the industry, according to the Australian...
Superannuation
The Australian Prudential Regulation Authority has been asked to explain what advice it would give to funds which are considering mergers with funds which have under-perf...
Superannuation
Almost all of BT’s Advance Retirement Suite early access to super payments have taken between six to nine days, according to Australian Prudential Regulation Authority (A...
Superannuation
Sunsuper, Hostplus and REST have paid members eligible for the early access to super less than the average payment of $7,629. ...
Superannuation
Superannuation funds with direct investment options require shares to be sold before monies can be transferred to member bank accounts, according to Hostplus. ...
Superannuation
AustralianSuper, Hostplus, Sunsuper, and REST have received over 100,000 early superannuation release applications, with Sunsuper paying all eligible members within five ...
From my perspective, 40- 50% of people are likely going to be deeply unhappy about how long they actually live. ...
Super director remuneration ...
No doubt true, but most of it is still because over 45’s have been upgrading their houses with 30 year mortgages. Money ...