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22 June 2020 • By Sarah Simpkins • 1 min read

Early super payouts near $16bn

Superannuation funds have now paid out more than two million claims under the early release scheme, with the total reaching $15.9 ...

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Super funds clawing back from COVID-19 low

Super funds have risen for the second month in a row, with new data showing the median growth fund was up 2.2 per cent as share markets continued to ...

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Young women draining super: HESTA

HESTA has pushed for a reform of the superannuation system, with fears that the super gender gap will be widened as young women wipe their savings ...

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AUSTRAC zeroes in on super funds

The financial crimes regulator has been taking an eagle eye on super funds’ processes around the early release scheme, saying they should do more ...

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APRA super heatmap scattered by market movements

A new analysis of superannuation funds through the COVID-19 pandemic has ruled APRA’s heatmap is facile in how it measures performance, after market ...

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Government urged to move on super consumer advocacy

Super Consumers Australia has pushed for the government to make a decision on backing customer advocates as its funding runs out, stating super fund ...

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COVID hardship queries on the decline

Consumers were less interested in understanding COVID-19 hardship measures like the government’s early super access provisions, and began to turn ...

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Chant West court proceedings scheduled

The parent company of Chant West is set to face a Zenith subsidiary in the Supreme Court in late July, after the company pulled out of buying the ...

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COVID-19 expected to accelerate super mergers

Amid regulatory pressure and sustainability challenges for the superannuation industry, the chief of a financial consultant has tipped the impacts ...

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Industry Super analysts weighing higher super trade-off

Industry Super Australia has continued to reject blows against the scheduled increase for super contributions, despite internal analysis saying ...

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