There are other financial hardship programs people can access and super members need to be aware of these before tampering with their super, according to a lawyer. ...
Superannuation funds believe that while they may not be ultimately responsible for frauds committed under the Government’s hardship early release scheme their members wil...
Self-funded retirees who do not receive the Age Pension need more government assistance, according to the Association of Independent Retirees. ...
An estimated 855,000 early release of superannuation payments have been made totalling $7.1 billion by 30 April, according to an industry body....
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...
Hostplus has said it had ample liquidity available to support members undergoing financial hardship due to COVID-19 but warned it would substantially reduce member’s fina...
Between $40 billion to $50 billion will be withdrawn from the superannuation system under the early access to super scheme, far greater than the $27 billion Treasury has ...
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 ...