SUPERANNUATION

Superannuation

It is now even more critical for the superannuation guarantee to lift to 12% as COVID-19 has left many young Australians unemployed, according to a super body....

Superannuation

Membership fees are the lifeblood of industry superannuation funds and new analysis has revealed they appear to have taken a mighty hit from the Government’s hardship ear...

Superannuation

Superannuation members need to regularly check their balance given the scams and fraud activity surrounding the early release of super scheme, a super body has said....

Superannuation

Ending the hardship early release superannuation regime on 30 December and proceeding with a lift in the superannuation guarantee to 12% are central to Government keeping...

Superannuation

While the median balanced superannuation option returned 0.9% in July, funds are still down 1.2% over the 12 months to July, according to SuperRatings....

Superannuation

Seven super funds have been classifying new members as ‘smokers’ by default and over 5,000 members will receive $3.6 million in compensation....

Superannuation

A more than $1 trillion impact on superannuation assets is being forecast over the next 10 years as industry superannuation funds warn the Government against further exte...

Superannuation

AMP Limited has declared it would not use AMP superannuation fund monies for political purposes but has reserved the right to do so separate from the interests of superan...

Superannuation

The Federal Government should deliver superannuation funds a reduction in regulatory levies equal to the amount of money withdrawn from superannuation under the hardship ...

Superannuation

The total number of repeat applications for the Government’s super access hardship scheme has reached one million with an average payment of $8,619, according to data....

Superannuation

Superannuation fund industry representatives are expressing concern as funds face outflows of more than $60 billion as a result of the Government’s three-month extension ...

Superannuation

The early release extension reinforces the need to lift the superannuation guarantee to 12%, according to the Association of Superannuation Funds of Australia. ...

Superannuation

The Government has extended its hardship early access superannuation scheme to 31 December....

Superannuation

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 Government has a hatred of superannuation and is encouraging people to take early access to their superannuation simply to protect the Budget bottom line, according t...

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MARKET INSIGHTS

So we are now underwriting criminal scams?...

5 months ago

Glad to see the back of you Steve. You made financial more expensive, not more affordable as you claim, and presided ...

5 months ago

Completely agree Peter. The definition of 'significant change is circumstances relevant to the scope of the advice' is s...

7 months 1 week ago

The FSCP has issued a written direction to an adviser who charged clients “extraordinary fees” for inappropriate and conflicted advice, as well as encouraged them to swit...

1 week 5 days ago

ASIC has cancelled the AFSL of an advice firm associated with Shield and First Guardian collapses, and permanently banned its responsible manager. ...

3 weeks 1 day ago

ASIC has confirmed the industry funding levy for the 2024–25 financial year, and how much licensees can expect to pay....

3 days ago