Powered by MOMENTUM MEDIA
investor daily logo

Super

super

28 May 2020 • By Lachlan Maddock • 1 min read

Consolidate or die?

APRA has warned super funds must be able to demonstrate their “right to remain” – and if they can’t, they could be forced to merge

READ MORE
icon

MP demands inquiry into industry fund mob

Liberal MP Tim Wilson has urged APRA to investigate potential conflicts of interests arising from industry superannuation funds and their vertical ...

READ MORE
icon

Volatility wiped super gains in March

 The latest super statistics from the prudential regulator have revealed a significant drop in assets over the first quarter of this year as a wave of ...

READ MORE
icon

BetaShares boss blasts early super

Exclusive: The CEO of BetaShares has sledged the government’s early super scheme, saying super “should not be used as an ATM when times get tough”

READ MORE
icon

Three funds tick over $1bn in early release payments

Ten superannuation funds have shelled out around two-thirds of the early release payments, with the top three funds surpassing $1 billion each

READ MORE
icon

Tax storm looms for super

Superannuation could be set to lose its preferential tax treatment in the COVID-19 recovery, an actuary has cautioned, with its chief noting the ...

READ MORE
icon

Retirement income framework on backburner

The government has delayed legislation to introduce a retirement income covenant for the new financial year, arguing the issue requires “further ...

READ MORE
icon

Australians ‘in the dark’ on super

New research shows that many Australians wrongly believed super funds would automatically de-risk in the lead-up to the COVID-19 crisis

READ MORE
icon

Early super numbers increase

Early super numbers have climbed again as APRA releases the latest fund data. Over the week to 17 May, super funds made payments to 220,000 ...

READ MORE
icon

Treasury shrugs off super liquidity fears

Despite concerns that the superannuation industry would need assistance with dispensing cash for the early release scheme, Treasury has indicated as ...

READ MORE