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29 May 2020 • By Sarah Simpkins • 1 min read

Super fund CEO resigns, staff stood aside amid police investigation

Two employees of an IOOF-backed super fund have stepped aside following the resignation of its boss, as the police investigate his role in an alleged ...

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Early super release widening gender gap, AMP says

An analysis of early superannuation release applications by AMP clients has shown that women are withdrawing a greater proportion of their super ...

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Consolidate or die?

APRA has warned super funds must be able to demonstrate their “right to remain” – and if they can’t, they could be forced to merge

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MP demands inquiry into industry fund mob

Liberal MP Tim Wilson has urged APRA to investigate potential conflicts of interests arising from industry superannuation funds and their vertical ...

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Volatility wiped super gains in March

 The latest super statistics from the prudential regulator have revealed a significant drop in assets over the first quarter of this year as a wave of ...

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BetaShares boss blasts early super

Exclusive: The CEO of BetaShares has sledged the government’s early super scheme, saying super “should not be used as an ATM when times get tough”

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Three funds tick over $1bn in early release payments

Ten superannuation funds have shelled out around two-thirds of the early release payments, with the top three funds surpassing $1 billion each

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Tax storm looms for super

Superannuation could be set to lose its preferential tax treatment in the COVID-19 recovery, an actuary has cautioned, with its chief noting the ...

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Retirement income framework on backburner

The government has delayed legislation to introduce a retirement income covenant for the new financial year, arguing the issue requires “further ...

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Australians ‘in the dark’ on super

New research shows that many Australians wrongly believed super funds would automatically de-risk in the lead-up to the COVID-19 crisis

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