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covid-19
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...
Superannuation
The worst-performing fund lost 13.8% compared to the sector average loss of 8.5% during the first quarter of the year, according to data....
Features
The Australian custody market continues to be as competitive and dynamic as ever, with the announced exit of RBC having created a series of ongoing ripples....
Financial advice
Actuaries Institute has announced it has set up a working group to help advise members who are seeking to understand the impact of the COVID-19, with a new approach to mo...
Superannuation
The decrease in remuneration will be by way of sacrificing annual leave entitlements to help members in financial hardship due to the COVID-19 pandemic....
People and Products
FairVine Super members who have lost their jobs due to the COVID-19 pandemic will have their fees reduced to 0.6% to help people to put money back into their super fund....
Superannuation
AustralianSuper may have undertaken a downward revaluation of some of its unlisted assets but still regards them as a steadier bet in volatile times than listed shares. ...
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 ...