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coronavirus
Superannuation
The median growth superannuation fund bounced back 3.1% in April but year to date figures are still in the red, according to Chant West data....
Superannuation
Hospitality, arts, recreation, manufacturing and wholesale trade industries have the highest rates of applications for early super release, according to analysis from AMP...
Superannuation
The industry super fund has paid a total of $693.4 million to over 100,000 members in early super release payments....
People and Products
Its Composer wealth administration platform has been updated to enable clients to bulk process early super release payments....
Superannuation
The Australian Taxation Office has acknowledged that incidences of fraud have been detected with respect to hardship early release superannuation access with the Federal ...
Superannuation
During the first week of the early super release payments scheme trustees paid members $1.3 billion, according to data....
Superannuation
An estimated 855,000 early release of superannuation payments have been made totalling $7.1 billion by 30 April, according to an industry body....
Institutional investment
Global investor confidence dropped in April, thanks to weaker economic data in Asia and concerns over the region’s ability to sustainably exit lockdowns caused by COVID-1...
Financial advice
The main questions being asked by financial advisers are those regarding the Government’s financial relief measures for those affected by the COVID-19 pandemic, according...
Superannuation
Profit-to-member superannuation funds have been able to manage their liquidity to ensure they have been able meet early release withdrawals for members in need, according...
Superannuation
Senator Jane Hume has taken to Twitter to say Industry Super Australia’s research on early release of superannuation was a “disingenuous media stunt” that would “undermin...
Superannuation
Superannuation funds expect as many as 600,000 members to follow through and withdraw up to $10,000 with many not understanding the insurance and long-run investment impl...
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 ...