hostplus

Superannuation

How super early access has staunched the SG rivers of gold

Data analysis around the Government’s hardship early release superannuation regime has revealed that the ‘rivers of gold’ inflows generated by the superannuation guarante...

Superannuation

Second round early release hitting some funds more than others

Ten major superannuation funds continue to do the majority of the heavy lifting on hardship early release superannuation, but some appear to have been less affected than ...

Superannuation

Funds hit most by early release perform best over 10 years

While AustralianSuper, Hostplus, and Cbus had some of the largest drawdowns from the scheme, they also produced some of the best returns over the last decade, according t...

Superannuation

The super funds taking the multi-billion dollar hits from early release

Superannuation fund members returning to access the $10,000 second tranche of the Government’s hardship early release superannuation regime have dominated the latest Aust...

Superannuation

Predicted 2nd tranche early release surge become a reality

Superannuation fund executives have confirmed that the predicted second tranche early release superannuation surge has become a reality....

Superannuation

Parliamentary committee chair goes fishing on REST and HostPlus liquidity

Major superannuation funds are being asked to explain whether they have needed to provide either liquidity or cash to REST and HostPlus....

Superannuation

APRA predicts second tranche early release surge

Just over $18 billion has already been taken from superannuation accounts via the Government’s hardship early release superannuation scheme and the Australian Prudential ...

Superannuation

10 super funds still accounting for 60% of early release payments

Big, highly-exposed superannuation funds continue to make the bulk of hardship, early release superannuation payments....

Superannuation

The slowest funds to pay early access

Almost all of BT’s Advance Retirement Suite early access to super payments have taken between six to nine days, according to Australian Prudential Regulation Authority (A...

Superannuation

Young, low balance members dominate early release

With the average early release superannuation draw-down standing at slightly over $8,000 and with the load spread across virtually superannuation funds, the industry is h...

Superannuation

Hostplus ready to deploy funds under early access scheme

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...

Funds management

Revealed: How much an industry fund pays in fees

Industry fund Hostplus has revealed its multi-million bill for investment and management fees....

Superannuation

Industry funds dominate 10-year returns

A number of retail funds had a good year in terms of 2019 performance but industry funds have continued to dominate over the past 10 years....

Superannuation

Where two big industry funds spent their money

Two of Australia’s largest industry superannuation funds have revealed how much money they spent on advertising and marketing, with AustralianSuper revealing that its con...

Life/Risk

PYS changes already impacting claims

Five terminal illness claims and two death claims have already been turned away by Hostplus for members unaware of the PYS changes and the fund believes this is just the ...