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coronavirus
Superannuation
It is now even more critical for the superannuation guarantee to lift to 12% as COVID-19 has left many young Australians unemployed, according to a super body....
Superannuation
The median growth fund was up 1% to start off the new financial year as US technology firms reported strong earning, according to Chant West....
Superannuation
Membership fees are the lifeblood of industry superannuation funds and new analysis has revealed they appear to have taken a mighty hit from the Government’s hardship ear...
Superannuation
Superannuation members need to regularly check their balance given the scams and fraud activity surrounding the early release of super scheme, a super body has said....
Superannuation
The regulatory body will restart licensing activity for banks, insurers, and super funds with the first phase to start in September, 2020, and the second in March, 2021....
Superannuation
Superannuation funds may not necessarily be held responsible for making good the losses caused by fraud around the Government’s hardship superannuation early release regi...
SMSF
New data has revealed the degree to which self-managed superannuation funds are facing a decade of struggle as the COVID-19 pandemic and associated measures undercuts the...
Superannuation
A more than $1 trillion impact on superannuation assets is being forecast over the next 10 years as industry superannuation funds warn the Government against further exte...
Superannuation
The total number of repeat applications for the Government’s super access hardship scheme has reached one million with an average payment of $8,619, according to data....
Financial advice
Over the next few months superannuation funds will be looking to engage with their members who took out the hardship scheme on how they can rebuild their super balance, a...
Superannuation
People who are doing it tough should be allowed to access superannuation for a first home deposit and the superannuation industry should be open to the concept, according...
Superannuation
With the global pandemic impacting markets since the start of the year the average cautious superannuation fund lost 1.8% since the beginning of 2020, according to data....
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 ...