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18 May 2020 • By Lachlan Maddock • 1 min read

APRA reveals latest early super data

APRA has revealed another week of early release super data as the number of new claims finally begins to decline. Over the week to 10 May, super ...

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Early super numbers jump

The early super release scheme has continued to see massive uptake. Over the week to 10 May, super funds made payments to 390,000 members – ...

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Super funds yet to receive ME Bank dividend

ME Bank is yet to deliver a dividend to the 26 industry superannuation funds that own it, with an MP speculating the lack of returns could be at odds ...

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Super contribution rise key for pandemic recovery, Industry Super says

Industry Super has rejected bats by Liberal MPs at the scheduled increase to employer superannuation contributions, saying the 2021 rise will be ...

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Industry Super blames lack of guidance for modelling blunder

Industry Super Australia has admitted to inconsistencies across its calculations for the impact on consumers’ future retirement when accessing the ...

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Industry funds pledge massive spend

Industry super funds will spend billions on infrastructure to create and support jobs as part of Australia’s economic recovery. Industry funds have ...

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Super fund to subsidise early release applicants

A superannuation fund has plans to use its $100,000 government stimulus to pay super contributions for members who have accessed the early release ...

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Super returns crawling back, researcher says

Superannuation funds saw the beginning of a recovery during April from the market downturn in March, according to a super research house, but account ...

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Super network body urges industry band together as fraud rises

A self-regulatory body for the superannuation ecosystem has pushed for more collaboration between super funds and their providers as scammers have ...

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Hospitality industry tops early super claims, AMP reports

Close to one in five AMP clients working in the hospitality sector applied for the early super release during the scheme’s first two weeks, the wealth ...

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