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PYSP queries inundate super fundsBY KARREN VERGARA, JAMIE WILLIAMSON | FRIDAY, 5 JUL 2019 12:30PM
Superannuation funds are struggling with a barrage of Protecting Your Superannuation Package queries from members, leaving many frustrated and waiting on the phone.
Read more: HESTA, Australia Post Superannuation Scheme, Cbus, Christian Super, First State Super, HostPlus, LUCRF Super, Media Super, NGS Super, Prime Super, Product Review, TelstraSuper, VicSuper
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Towards a perfect currency solution
There is a good chance the planned superannuation guarantee increase to 12% will be deferred again as the nation continues to struggle with the effects of COVID-19, according to Mercer senior partner David Knox.
BetaShares' ETF that tracks crude oil futures is once again changing the length of contracts it tracks and is taking extra measures to automatically convert the ETF to all cash if oil futures drop significantly again.
The global fund manager saw its profits tumble 196% following net outflows of close to $19 billion in the first half of this year, resulting in heavy hits to fee and commission income.
Chi-X TraCRs and funds will now be offered on a privately owned wealth management platform, granting financial advisers and their clients access to some of the world's biggest listed companies.
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