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Super

super

13 May 2020 • By Sarah Simpkins • 1 min read

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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Rest shakes off fraud fears

Rest will pay out close to a billion dollars to members as part of the government’s early release scheme despite flagging thousands of applications as ...

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Industry Super, ME Bank summoned for parliamentary probe

Industry Super Australia and ME Bank have been called to front an “urgent” public hearing by a parliamentary committee, with an MP saying the conduct ...

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QSuper decides against escalating AFCA case

Industry superannuation fund QSuper expressed concern the court decision to dismiss its appeal against the financial complaints authority has created ...

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Sunsuper builds army for early release onslaught

Sunsuper has revealed it added more than 65 staff to its customer engagement team during April, as the early super release gave rise to a flood in ...

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Link braces for super merger mania, slowed industry growth

Fund administrator Link Group has forecast over the long-term, COVID-19 is set to cause increased fund mergers and subdued growth of new accounts as ...

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Rest pays out millions, but fraud runs rampant

The fund has paid out hundreds of millions in early super, but warned that the “heightened risk of fraud” was slowing them down. Rest has paid ...

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Super fund reports member switching tripled amid virus

A big four bank’s superannuation business saw switches by fund members rise to three times the usual rate in March, as the coronavirus pandemic rocked ...

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Embattled fintech finds buyer for super entities

A newly formed entity has purchased a number of superannuation entities from the embattled fintech. Pacific Infrastructure Partners – a new entity ...

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