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The now permanent capital gains tax measure for superannuation fund mergers has taken away a barrier to fund consolidation, the Association of Superannuation Funds of Aus...
INDUSTRY NEWS
The Financial Services Council has welcomed the new legislation but is disappointed the laws also create unnecessary tax compliance burden on Australia’s managed funds....
INDUSTRY NEWS
Hospitality, arts, recreation, manufacturing and wholesale trade industries have the highest rates of applications for early super release, according to analysis from AMP...
INDUSTRY NEWS
Industry Super Australia has received tough written questioning from the Australian Securities and Investments Commission around how it calculates the impacts of early ac...
INDUSTRY NEWS
AustralianSuper, Hostplus, Sunsuper and REST have received over 100,000 early superannuation release applications, with Sunsuper paying all eligible members within five b...
INDUSTRY NEWS
ME Bank and Industry Super Australia will be placed under scrutiny as part of an urgent public hearing of a key Parliamentary Committee....
INDUSTRY NEWS
The average early release of super for financial hardship withdrawals is around $8,000, below the $10,000 maximum....
INDUSTRY NEWS
Superannuation funds may not have been responsible for the $150,000 early release fraud being investigated by the Australian Federal Policy but their members will ultimat...
INDUSTRY NEWS
New details provided to a key Parliamentary Committee has revealed which superannuation fund trustee directors are being paid the most....
INDUSTRY NEWS
The industry super fund has paid a total of $693.4 million to over 100,000 members in early super release payments....
INDUSTRY NEWS
The newly formed entity has completed the purchase of Diversa Trustees, CCSL, and Tidswell Financial Services....
INDUSTRY NEWS
During the first week of the early super release payments scheme trustees paid members $1.3 billion, according to data....
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