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03 April 2020 • By Sarah Simpkins • 1 min read

Hostplus slashes unlisted asset values

Hostplus has followed the lead of other industry superannuation funds and devalued its unlisted investments, acknowledging the COVID-19 crisis has ...

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MP scrutinises super liquidity

An MP has raised questions around superannuation funds’ claims of liquidity issues, after they presented evidence showing otherwise to a government ...

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Super is no ‘sacred cow’: Hume

Senator Jane Hume has warned super funds to stop dragging their feet and allow members to withdraw their funds. The second tranche of the ...

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COVID-19 stress testing super governance, consulting giant says

The coronavirus pandemic is stress testing the robustness of governance structures, clarity of internal accountabilities and crisis management plans ...

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Pandemic, bushfire-battered consumers holding investment sector accountable, body says

As Australia grapples with the economic and health impacts of the COVID-19 pandemic fresh after the bushfires, a survey has reported the majority of ...

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Early super withdrawals projected to total up to $50bn

A financial services consultancy has estimated the early superannuation release measure will drain the industry of $40 billion to $50 billion, as ...

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Consumers at risk of early super scams: industry body

An industry body has warned consumers could be vulnerable to scams involving the new early superannuation release measure. According to the ...

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Super funds delay merger deadline amid COVID-19 crisis

Two superannuation funds have extended the timeline of their planned merger due to the coronavirus pandemic. MTAA Super and Tasplan were originally ...

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‘Shotgun’ early super release to ‘come back and bite’: researcher

A specialist research house has warned the early superannuation release measure will see tens of billions of dollars of assets dumped into declining ...

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Industry super funds slice unlisted asset values

Industry super funds have moved to shave the values of their unlisted assets in response to the coronavirus-shaken market conditions, with their ...

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