SUPERANNUATION

INDUSTRY NEWS

Superannuation funds have received a letter from the two financial services regulators telling them to give top priority to having sufficient liquidity to make early rele...

INDUSTRY NEWS

Superannuation funds which have focused on members in single industries and single groups only have themselves to blame if they have found themselves in trouble amid job ...

INDUSTRY NEWS

Hostplus has said it has ample liquidity available to support members undergoing financial hardship due to COVID-19 but warned it would substantially reduce member’s fina...

INDUSTRY NEWS

Amid concerns about appropriately identifying superannuation fund members for hardship early release, the Government has said that the Australian Taxation Office alone wi...

INDUSTRY NEWS

Superannuation funds are being asked key questions around their liquidity position in the face of COVID-19....

INDUSTRY NEWS

SMSF members will not have action taken against them by the Australian Taxation Office for reducing real property rent for tenants who have been financially impacted by C...

INDUSTRY NEWS

UniSuper has seen members switch $2 billion from growth to defensive assets but says it has been able to accommodate the changes without resorting to selling down shares....

INDUSTRY NEWS

The Government needs to rethink its approach to hardship early access to superannuation to ensure the criteria is tightened and the possibility of rorting removed, accord...

INDUSTRY NEWS

Both AustralianSuper and UniSuper have been reported as having imposed a downward revaluation of their unlisted assets....

INDUSTRY NEWS

Capital adequacy and liquidity will be key supervisory focuses for the Australian Prudential Regulation Authority as it resets its priorities in the face of COVID-19. ...

INDUSTRY NEWS

There was no consultation with major superannuation fund organisations about the Government’s plan to allow people early access to their superannuation, prompting funds t...

INDUSTRY NEWS

The Government will allow financially-stressed individuals to access tax-free of up to $10,000 of their superannuation in 2019-20 and a further $10,000 in 2020-21....

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