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23 July 2020 • By Sarah Simpkins • 1 min read

Super funds neglecting insurance clarity

ASIC has reported a number of superannuation funds have failed to provide accurate information to members about the impact of the early release scheme ...

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Early super access extended

The Morrison Government has announced that it will extend the early super access scheme amidst new economic data.  The application period for early ...

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Government needs to think bigger if it wants super investment

HESTA has warned that the government’s climate plans will need to be more ambitious if it wants super funds to bring their investments home

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Super funds finish financial year on rebound

Super funds have managed to navigate the COVID-induced financial crisis to fare better than expected, Chant West has reported, with half the growth ...

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Super could see negative cash flows

As many as 60 per cent of Australia’s super funds could see negative cash flows at the end of FY20 as they fight market shocks, plummeting super ...

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APRA confirms early super surpasses Treasury $27bn limit

The superannuation funds have received approved applications for $28 billion under the early release scheme, blowing past the initial government ...

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One-fifth of Aussies dropped or froze super contributions

One-fifth (21 per cent) of Australians have reduced or stopped their rate of retirement savings due to the COVID-19 meltdown, according to a new ...

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Government needs to cut pension reliance, senator says

The government and the superannuation system should be aiming to have half of the population off the Age Pension in 30 years, senator Andrew Bragg has ...

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Government push needed for super fee reform, senator says

The costs of the superannuation system need to be re-examined and funds could be due for a forced market restructure, according to Liberal senator ...

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First State Super signals rebrand after merger

First State Super has indicated it will be changing its name in mid-September, following its recent merger with VicSuper. First State Super and ...

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