Superannuation funds with direct investment options require shares to be sold before monies can be transferred to member bank accounts, according to Hostplus. ...
The industry super fund has paid a total of $693.4 million to over 100,000 members in early super release payments....
Its Composer wealth administration platform has been updated to enable clients to bulk process early super release payments....
The Australian Taxation Office has acknowledged that incidences of fraud have been detected with respect to hardship early release superannuation access with the Federal ...
The wealth management software company has delivered its early superannuation release capability ahead of time to handle an expected high volume of requests. ...
An estimated 855,000 early release of superannuation payments have been made totalling $7.1 billion by 30 April, according to an industry body....
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...
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...
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 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...
New survey data commissioned by the industry funds suggests that up to a million people seeking early access to their superannuation are actually ineligible because they ...
Speedy handling of early release superannuation payments will mean that the super funds won’t be able to implement the usual fraud controls, according to the Australian P...
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 ...