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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
Schroders has hired from RBC to appoint a head of private debt for Australia, as it builds out a private assets offering for local investors.
The administrator appointed to embattled investment group iProsperity, Cor Cordis, has released a damning creditors' report which includes accusations of Ponzi scheme style payments.
Reserve Bank of Australia governor Philip Lowe said the legislated increase to the superannuation guarantee will impact wage growth and the government will need to weigh up the impacts of that.
National Australia Bank has reported a 7% fall in cash earnings to $1.55 billion for the third quarter, as the bank confirms it is still "actively exploring" options for the sale of its wealth management business.
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