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....

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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...

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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....

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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...

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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....

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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....

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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...

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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...

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Federal Government should deliver superannuation funds a reduction in regulatory levies equal to the amount of money withdrawn from superannuation under the hardship ...

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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....

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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 ...

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Superannuation

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

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Superannuation

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

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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...

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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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