SUPERANNUATION

Features

Self-managed superannuation funds specialist, Meg Heffron, explains why the Government’s COVID-19 measures providing hardship early access to superannuation represent a s...

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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...

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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....

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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 ...

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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 ...

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Superannuation

Amid concerns about appropriately identifying superannuation fund members for hardship early release, the Government has said that the Australian Taxation Office alone wi...

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Superannuation

Superannuation funds are being asked key questions around their liquidity position in the face of COVID-19....

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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. ...

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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....

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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...

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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...

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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....

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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 ...

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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 ...

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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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