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01 May 2020 • By Lachlan Maddock • 1 min read

Early super numbers spike

The Prime Minister has revealed the latest rise in early super numbers.  There have now been 950,000 applications to access superannuation, worth ...

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Super funds tipped to hoard cash, earn less after early release

Liquidity concerns around the early super release scheme will cause superannuation funds to hold more cash and earn less in future, an actuary has ...

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Early super payouts tick over $7bn, as claims near $8bn

Superannuation funds have been estimated to have made around 855,000 individual payments for the early release by Thursday, totalling at around $7

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IOOF paying out $200m in early release claims

IOOF has confirmed it has received more than 28,500 requests for early release of superannuation, totalling around $200 million, while its service ...

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Unlisted assets valuations fairer than listed, Chant West says

Contrary to some speculation around super funds and their liquidity, super research house Chant West has argued that the valuations of unlisted assets ...

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QSuper, Sunsuper merger talks slowed amid pandemic

QSuper and Sunsuper have indicated the due diligence process for their potential merger will be extended due to the coronavirus crisis. The two ...

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Government urged to fill super shortfall with fossil fuel funds

Future Super has called on the government to redirect funds used to subsidise fossil fuel companies to replace retirement savings lost in early ...

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Consumer satisfaction down for industry, retail super

New data from Roy Morgan has shown self-managed superannuation and public sector funds both increased their customer satisfaction rates in March, ...

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LGIAsuper cuts unlisted asset values

Queensland-based LGIAsuper has followed the lead of other industry superannuation funds and slashed its unlisted asset values in light of the ...

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Shadow finance minister slams Frydenberg, Bragg in super stoush

Shadow minister for financial services Stephen Jones has blasted the Liberal government’s actions around the early superannuation release scheme, ...

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