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SUPERANNUATION
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Self-managed superannuation funds specialist, Meg Heffron, explains why the Government’s COVID-19 measures providing hardship early access to superannuation represent a s...
Superannuation
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...
Financial planning
Respondents to a Money Management survey have pointed to the mislabelling of industry fund’s investment options and the absence of enough advice around switching to cash....
Financial planning
The Financial Planning Association has found itself in accord with industry funds in suggesting that early access to superannuation should be a last resort and something ...
Superannuation
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 ...
Superannuation
Amid concerns about appropriately identifying superannuation fund members for hardship early release, the Government has said that the Australian Taxation Office alone wi...
Superannuation
Superannuation funds are being asked key questions around their liquidity position in the face of COVID-19....
Financial planning
Confronted by almost record levels of inquiries to call centres, superannuation fund executives have again canvassed extending the scope of intra-fund advice. ...
Superannuation
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....
Superannuation
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...
Superannuation
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...
Superannuation
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....
Superannuation
The Government’s income support package to help Australians in financial hardship brought by COVID-19 has been welcomed by the FSC that stressed that super should not be ...
Superannuation
There will be no income or assets tests for individuals who are eligible for early release of superannuation, which was announced on Sunday as a part of the government’s ...
Superannuation
The Government has announced that workers who lose their jobs will be able to drawdown $10,000 from their superannuation to cover losses caused by COVID-19. ...
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