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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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So we are now underwriting criminal scams?...
Glad to see the back of you Steve. You made financial more expensive, not more affordable as you claim, and presided ...
Completely agree Peter. The definition of 'significant change is circumstances relevant to the scope of the advice' is s...